High Quality Content by WIKIPEDIA articles! UPM-Kymmene Oyj (usually referred to simply as UPM) is a Finnish pulp, paper and timber manufacturer. UPM-Kymmene was formed by the merger of Kymmene Corporation and Repola Ltd and its subsidiary United Paper Mills Ltd in 1996. The company's oldest mill is Papeteries de Docelles located in northeastern France, which was producing traditional handpaper at the end of 15th century. In September 2008 UPM announced another cost reduction program that includes layoffs thousands of employees, and its Kajaani paper mill and Tervasaari pulp mill will be closed altogether. These will be the largest layoffs ever in Finland.
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