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Hitt og þetta 11. apríl 2006

UPM-Kymmene Corporation decreases production at two sawmills in Finland

Nordic Business Report-April 11, 2006-UPM-Kymmene Corporation decreases production at two sawmills in Finland
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The Finnish forest products group UPM-Kymmene Corporation said on Monday (10 April) that it has decided to temporarily cut down production and lay off personnel at its spruce sawmills in Pori and Pietarsaari in Finland.

Both sawmills will reduce shifts from mid May until the summer holiday period.

"The reasons for this are the significantly weakened availability of spruce logs and the unprofitableness of spruce sawmilling caused by the high price of spruce log," UPM-Kymmene said.

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