Recently, International Paper companies UPM announced the annual report 2013 revenue of 10.054 billion euros and operating profit of 683 million euros, an increase of 23%. Its profit growth was driven by the global economic situation has improved so that the healthy development of the paper industry, but also to benefit from adjustments to improve their business and product profitability.
    China has always been the focus of UPM territory on global development. 2013 UPM adjusted architecture to streamline the development of new services portfolio to further promote profitability, Asia headquarters in Shanghai, China became the world's paper business. UPM Asia Paper unit 2013 sales of 1.108 billion euros, operating profit of 80 million euros. Asian Paper business area, the annual production capacity of cultural paper and label materials 1.4 million tons. UPM announced in February 2014, China will accelerate the construction of a third factory in Changshu paper machine project, and further enhance its capital efficiency. Changshu investment project aims to provide a wider range of release liner materials and specialty products, services, growing market demand in Asia Pacific, through the integration of local resources to create a more competitive cost base.
    Adjust its business structure, the new six business areas. Including bio-refining business, energy business, Raflatac business, paper business in Asia, Europe and North American paper operations and plywood business. UPM President and CEO Beisong Ning believes that the new business structure based on six business areas, has made a good start. Biofuels, specialty wood pulp business in China, as well as continued growth in business areas UPM Raflatac will provide growth for UPM in the coming years. Changes in business structure enhances the business goals and clear objectives to achieve the appropriate action to be taken. UPM actively respond to the competitive challenges of mature business in Europe, and the region as well as bio-refinery areas outside Europe to promote profitable growth.
    Innovation and the pursuit of sustainable development. UPM as well as through independent innovation and universities, multi-mode enterprise cooperation to ensure the continuous improvement of innovation capability. The report shows that, UPM with innovative products with high added value to improve and promote the existing business lines, about half of the company's R & D funding for new technology development and biological research materials, and in the field of renewable and recyclable materials sufficient create value. In terms of environmental protection, UPM has become one of the world's largest printing paper using recycled paper production enterprises, to achieve the production process to reduce energy consumption and emissions reduced. The company designed and developed by UPM fillers and fiber recovery system to separate the fibers and fillers, 30% slag were recyclable. The production process prior to discharge of water vapor will be specially heat recovery unit.

The above information is reproduced by the China Paper Net