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UPM sells Loparex.


UPM UPM Universidad Politécnica de Madrid
UPM Universiti Putra Malaysia
UPM University of the Philippines - Manila
UPM Unit Production Manager (film and video production)
UPM User Profile Management
UPM United People's Movement
 SELLS LOPAREX. UPM, Helsinki, Finland has signed an agreement on the sale of Loparex Group, a business unit in UPM's converting division, to Mountaintop moun·tain·top  
n.
The summit of a mountain.
 Investments B.V. The buyer is a capital investment company belonging to ABN AMRO Capital Group. The transaction, valued at EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 230 million (US$ 279 million), will likely be concluded during the third quarter, 2005.

IN OTHER UPM NEWS: Company President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Jussi Pesonen officially opened a new extension of the UPM Research Center in Lappeenranta, Finland. UPM renewed the research and development strategy and centralized its global paper industry research and development in Lappeenranta last year. The UPM Research Center focuses on investigating fibers, paper, coating, printing, the environment and developing the efficiency of production lines. Some 140 researchers will work in the UPM Research Center.
COPYRIGHT 2005 Paper Industry Management Association
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:INDUSTRY NEWS
Publication:Solutions - for People, Processes and Paper
Date:Aug 1, 2005
Words:133
Previous Article:Japanese readers like bulkiness.(INDUSTRY NEWS)
Next Article:Joint venture formed.(SUPPLIER NEWS)



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