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Thursday, April 29, 2010
UPM-Kymmene Posts Profit
The world's largest magazine paper maker,UPM-Kymmene, posted a first quarter profit of $93Million (euro70Million), compared with a 2009 loss. The company reported that sales rose 10%.
Prices are up and integrated mills are not directly effected by pulp prices. With demand and prices up, I would hope paper mills are now operating at a profit.
Prices are up and integrated mills are not directly effected by pulp prices. With demand and prices up, I would hope paper mills are now operating at a profit.
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