UPM Optimistic About Reaching Agreement Soon with Paperworkers Union in Finland

March 22, 2022 - UPM today said that Conciliator Leo Suomaa has submitted a proposal for a settlement in the collective labour agreement negotiations between UPM Pulp and the Paperworkers' Union. The conciliator has asked the parties to state their position on the proposal by 14 April 2022 at 10:00 EET.

In the meanwhile, the conciliator will continue the conciliation with the Union and with UPM's other businesses. Paperworkers' Union has now also agreed that all business can run the negotiations parallel instead of having them one by one.

"I am pleased that the negotiations have reached a point where the conciliator has seen it possible to submit a proposal for a settlement," said Juha Kääriäinen, Vice President, Finland Pulp Operations at UPM Pulp, the chief negotiator for UPM Pulp. "I am hopeful that the agreement will be reached, and I hope we get to start the mills as soon as possible."

The Paperworkers' Union's strike at UPM Pulp, UPM Biofuels, UPM Communication Papers, UPM Specialty Papers and UPM Raflatac units in Finland began 1 January 2022.

UPM delivers renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. To learn more, visit: www.upm.com.

SOURCE: UPM