UPM upgrades Scottish plant.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 UPGRADES SCOTTISH PLANT. UPM, Helsinki, Finland announced that its Caledonian Paper unit will install a high consistency bleaching plant at its site in Irvine, Ayrshire, Scotland as part of its regular strategic assessments. The investment cost is approximately 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 $1 trillion. 11 million (US$ 13.5 million), and consists of high consistency bleaching and washing presses, bleaching tower, pigment handling and control systems. Startup is planned for the fourth quarter of 2005. IN OTHER UPM NEWS: The company has announced a major restructuring at its Miramichi, New Brunswick See Miramichi for other uses, and for information concerning the word's origin Miramichi is the largest city in northern New Brunswick, Canada. It is situated at the mouth of the Miramichi River where it enters Miramichi Bay. , Canada facility in order to secure the facility's long-term viability. The program includes the permanent closure of Miramichi's aging kraft pulp mill A pulp mill is a manufacturing facility that converts wood chips or other plant fiber source into a thick fiber board which can be shipped to a paper mill for further processing. , effective January 31, 2005, resulting in a loss of 400 jobs. In addition, there will be some restructuring in the paper mill as well as in the Woodlands Division, which manages and operates Crown forest licenses. |
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