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2016-10-11

UPM: UPM Raflatac expands its asset platform in Wroclaw, Poland to meet the label stock demand growth in Europe

(UPM Raflatac, Tampere, 11 October 2016 at 13:00 EET) - UPM Raflatac
strengthens its position by building a new coating line at the Wroclaw,
Poland label stock factory. By introducing a new coating line together with
related reel handling and slitting capacity additions the company aims to
meet the increasing demand for self-adhesive label stock in Europe.
Production of the new line is planned to commence in the first half of 2018.

"This is a significant investment to meet the demand growth of our customers
in Europe. It further leverages our unique competences, end-use specific
product offering and industry leading, optimally located operating platform
in Poland," saysAntti Jääskeläinen
, Executive Vice President, UPM Raflatac.

"One of the trends driving label stock demand is the fast growth of
E-commerce, an end-use requiring increasing amounts of labelling material.
Also the packaged food trends together with the general private consumption
growth continue to be important drivers. We have successfully responded to
the demand globally, which is also reflected in our annual top line growth
rate of about 6% in recent years. The approximately EUR 35 million investment
in the additional coating and finishing capacity in Wroclaw will ensure the
continued excellent service and quality for UPM Raflatac customers," says
Jääskeläinen.

Operations at the UPM Raflatac Wroclaw label stock factory started in 2008
followed by the nearby UPM Raflatac Nowa Wies factory in 2012. Located in
Western Poland, the two factories employ today close to 600 people and form a
significant UPM Raflatac label stock production hub.

High-resolution photos of UPM Raflatac Wroclaw factory can be downloaded atUPM
image gallery.

For further information please contact:

Antti Jääskeläinen, Executive Vice President, UPM Raflatac. Media contacts
coordinated by Mari Ruissalo, Director, Communications, UPM Raflatac, tel.
+358 2041 68081 ormari.ruissalo@upm.com.

UPM Raflatac

UPM Raflatac is one of the world's leading producers of self-adhesive label
materials. We supply high-quality paper and film label stock for consumer
product and industrial labelling through a global network of factories,
distribution terminals and sales offices. We employ around 2,900 people and
made sales of EUR 1.4 billion in 2015. UPM Raflatac is part of UPM - The
Biofore Company. Find out more atwww.upmraflatac.com.

Follow UPM Raflatac onTwitter|
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UPM

Through the renewing of the bio and forest industries, UPM is building a
sustainable future across six business areas: UPM Biorefining, UPM Energy,
UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our
products are made of renewable raw materials and are recyclable. We serve our
customers worldwide. The group employs around 19,600 people and its annual
sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX
Helsinki. UPM - The Biofore Company -www.upm.com

Follow UPM onTwitter|LinkedIn|Facebook|YouTube|Instagram|upmbiofore.com

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: UPM via Globenewswire

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