The World Bank Sanctions Board has issued a decision imposing a one (1) year sanction on Pöyry Finland Oy, a subsidiary company of Pöyry PLC. The decision means that Pöyry Finland Oy (including its subsidiary companies) cannot participate in World Bank Group financed projects for a period of one (1) year from 30 September 2015. Neither Pöyry PLC nor any other subsidiary companies of Pöyry PLC are affected by this sanction, and remain eligible to participate in World Bank Group financed projects.

The decision relates to a water sector project in Vietnam in 2008, where Pöyry Finland Oy (as successor to Pöyry Environment Oy) was found to have not complied with the Bank's administrative rules. No unlawful conduct by Pöyry Finland Oy or its employees has been identified in this connection.

"We are pleased that this long-running process with the World Bank is now concluded. The decision by the World Bank Sanctions Board is a consequence of conduct by former employees of Pöyry which occurred almost seven (7) years ago. We take all compliance matters extremely seriously and have brought forward significant improvements since that time. Pöyry remains committed to building an effective world-class compliance programme across our whole business. Project management excellence is at the heart of our strategic evolution", says Pöyry's CEO and President, Alexis Fries.

"Pöyry has invested a great deal in creating a pragmatic and effective compliance programme over the years. We work hard to ensure the understanding and implementation of the programme in all our operations", says Pöyry's Chief Compliance Officer, Andrew Hartley.

Every one of our 6000 people, across our 45 countries receives regular Code of Conduct compliance training covering many real life scenarios and how to handle them. Pöyry strives for the highest standards of ethics and integrity in all of its business activities worldwide.

PÖYRY PLC

Additional information by:

Anne Viitala
Executive Vice President, Legal and Communications
Group General Counsel
+358 10 3311

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2014 were EUR 571 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

Barcelona mill

Stora Enso has completed the divestment announced on 27 July 2015 of its Barcelona mill, which produces recycled-fibre based consumer board, to the private equity fund Quantum. The transaction is in line with Stora Enso’s strategy to focus its consumer board offering on high quality virgin-fibre products.

The total cash consideration for the divestment of the shares is EUR 10 million, subject to customary closing day adjustments. The transaction has no material income statement impact.

Based on the annual figures for 2014, the divestment reduces Stora Enso’s annual sales by EUR 117 million and simultaneously decreases Stora Enso’s annual board production capacity by approximately 195 000 tonnes from the beginning of the fourth quarter 2015 onwards. The transaction does not have material impact on Stora Enso’s operational EBIT and cash flow going forward, and it will improve the operational EBIT and EBITDA margins slightly. The Barcelona mill employs approximately 220 people and was part of Consumer Board division.

Komárom plant

In addition, Stora Enso has completed the divestment announced on 31 August 2015 of its packaging plant in Komárom, Hungary, which produces offset printed micro-flute packaging, to Van Genechten Packaging International S.A.

The total cash consideration for the divestment of the shares is EUR 13 million, subject to customary closing day adjustments. The transaction has no material income statement impact.

Based on the annual figures for 2014, the divestment reduces Stora Enso’s annual sales by EUR 14 million and simultaneously decreases the annual corrugated packaging converting capacity by approximately 15 million m² from the beginning of the fourth quarter 2015 onwards. The Komarom plant employs approximately 90 people and was part of Packaging Solutions division.

For further information, please contact:
Ulrika Lilja, EVP Global Communications, tel. +46 72 221 9228
Ulla Paajanen-Sainio, SVP Investor Relations, tel. +358 40 763 8767

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wood and paper on global markets. Our aim is to replace non-renewable materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 27 000 people in more than 35 countries, and our sales in 2014 were EUR 10.2 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. www.storaenso.com

Mohawk, North America’s largest privately-owned manufacturer of fine papers, envelopes and specialty substrates for commercial and digital printing, announces a redesigned swatchbook for its Superfine product line.

The new swatchbook features three new Superfine offerings, including:

• Superfine Layers™ G1S, which was developed to provide extra thick, 34 pt. paper suitable for digital printing

• Eggshell, Ultrawhite 150c/400gsm, 23 pt., a single-ply heavy weight cover with excellent folding characteristics
• Smooth Digital with i-Tone Ultrawhite 130c/350gsm, 18 pt., a single-ply heavy weight cover with excellent folding characteristics

Fifth in a series of new Mohawk swatchbooks, the Superfine swatchbook has been designed to make the paper specification process clearer, easier and more inspirational for designers, printers, stationers and paper enthusiasts.

Mohawk Superfine has long been celebrated for its quality, consistency and perfect printing surface.  Developed in 1946, Mohawk’s iconic, flagship paper grade has become known as the finest uncoated text and cover paper for offset printing, and as the benchmark in fine paper for digital printing. Celebrating its 70^th anniversary in 2016, Superfine has endured - inspiring designers, printers, and makers with its archival quality and timeless appeal.

No other premium paper works so well on today’s leading digital printing presses, which makes Mohawk Superfine ideal for social stationery, wedding invitations, greeting cards, business cards, annual reports, real estate collateral, beautiful coffee table books and other high quality photo products, or digital print projects in which luxurious results are essential.

The Superfine swatchbook includes new items for projects demanding a heavy cover and extraordinary print results – short run business cards, luxurious invitations, impactful post cards, substantial brochure covers, boxes, gift card holders, perfume sample cards, membership cards, hang tags and more.

The Superfine swatchbook was designed by Hybrid Design of San Francisco, CA, and produced by McCarty Printing, Erie, PA.  To order a copy, paper specifiers can contact their local paper merchants or place an order from Mohawkconnects.com.

ABOUT MOHAWK

Mohawk is North America’s largest privately-owned manufacturer of fine papers and envelopes which are preferred for commercial and digital printing, photo specialties and high-end direct mail.  Mohawk fine papers and envelopes include the signature brands Mohawk Superfine® and Strathmore®, as well as proprietary treatments Inxwell® and i-Tone®. With a culture of innovation, Mohawk’s business model now extends beyond paper manufacturing into new areas of growth, including digital substrates, which connect designers and printers to new markets. 

As a leader in environmentally and socially responsible business practices, Mohawk was the first U.S. manufacturer of commercial printing papers to match 100% of its electricity with wind power renewable energy credits and the first U.S. premium paper mill to shift toward carbon neutral production. Mohawk’s portfolio of recycled papers is certified by Green Seal and the Forest Stewardship Council (FSC).

Mohawk is a fourth-generation, family-owned and operated business based in Cohoes, New York, with global sales and operations located throughout North America, Europe and Asia. For more information, please visit www.mohawkconnects.com.

UPM has published a new version of the UPM paper product catalogue. The catalogue presents UPM Paper ENA (Europe and North America) product portfolio and relevant environmental information.

“The printed product catalogue is a valuable tool for our customers,” says Thomas Waltasaari, Area Sales Director, Magazine Publishing & Advertising, UPM Paper ENA. “It is easy-to-use and by presenting our paper portfolio in one glance, it can help to choose the right paper for every end use.”

Even more details on the papers are available from Online Paper Catalogue, providing up-to-date information about products’ technical target values, prepress guidelines, and certificates or ecolabels available for a particular product. If you want to access the catalogue with your mobile device, go to http://m.upmpaper.com/

The German, French and North American version of the paper product catalogue will be available later this year.

For further information please contact:
Tarja Sammalkorpi, Communications Specialist, UPM Paper ENA Stakeholder Relations, This email address is being protected from spambots. You need JavaScript enabled to view it.

UPM Paper ENA (Europe & North America) is the world’s leading producer of graphic papers, serving customers in Magazine Publishing & Advertising, Merchants, Home & Office, and Newspaper Publishing. A leader in sustainable and high performance papers, UPM Paper ENA’s production is located in Finland, Germany, the United Kingdom, France, Austria, and the United States. To learn more about UPM Paper ENA visit: www.upmpaper.com/

UPM leads the reformation of the bio and forest industries. We are building a sustainable future in six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve a global base of customers. We employ approximately 20,000 people and our annual sales are approximately EUR 10 billion. UPM's shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – www.upm.com

BillerudKorsnäs and UNICEF have set students at Berghs School of Communication an exciting creative challenge – to package an emotion that inspires more people to support UNICEF in its charity work around the world.

BillerudKorsnäs and Berghs School of Communication have been working together since 2010 with the purpose of encouraging students’ creativity and generating interest in packaging solutions among the designers, communicators and decision makers of tomorrow. The collaboration started out as an annual contest and has now developed into an integral part of the full-time Graphic Design and Account Management programmes at Berghs.

This year’s edition of the contest, PACKCHALLENGE:15, will take place during September and October. Students at Berghs are now facing an exciting creative challenge – how can you best package an emotion that inspires more people to help UNICEF in its charity work around the world?

UNICEF’s mission is to reinforce children’s rights. Its work is financed entirely through voluntary contributions from private individuals and companies. One way of raising funds is to sell what are known as field products, such as vaccines, water purification tablets, school materials and mosquito nets.

The products are sold online and through shops in connection with specific campaigns. In recognition for their contribution, donors receive a gift card that they can then choose to give away as a Christmas or birthday present. The students’ assignment is to come up with a packaging solution that communicates the benefits of giving, how the money is used and encourages support of UNICEF.

The solution will:

-           Be simple to understand and easy to buy.

-           Give the sense that it contains something tangible.

-           Be suitable for different types of shops.

-           Feel good to buy and valuable to receive.

-           Be relevant throughout the year.

-           Be fibre-based to some extent.

-           Be cost-effective to produce and distribute.

Innovation and the use of new technology will be rewarded, provided that it adds value and is relevant.

The students are required to present their solutions on 29 October.

“Berghs School of Communication is one of the best communication schools in the world. This partnership is very important as it provides us with a valuable injection of new ideas while giving students insight into the packaging challenges of tomorrow. Supporting UNICEF’s work feels worthwhile and extremely relevant,” says Jimmy Nyström, Business Development Director, BillerudKorsnäs.

“UNICEF has a long history of working in innovative ways where we use new technologies and materials to increase the effectiveness of our field work and reach out to vulnerable children the world over. Our organisation is completely dependent on voluntary contributions, which is why it is equally important for us to find innovative ways to increase donations. PACKCHALLENGE is a fantastic initiative and we’re really looking forward to the results of the students’ work,” says Andreas Eriksson, Director of Communication, UNICEF Sweden.

Berghs School of Communication was named Cannes Future Lions School of the Year in 2009, 2010, 2014 and 2015.

Read more about PACKCHALLENGE:15 at www.packchallenge.se

For further information, please contact:

Ingeborg Ekblom, Director of PR, UNICEF Sweden, +46 (0)70 995 59 16, This email address is being protected from spambots. You need JavaScript enabled to view it.

Pål Pettersson, Programme Director Communication Design/Graphic Design, Berghs School of Communication, +46 (0)70 254 02 39, This email address is being protected from spambots. You need JavaScript enabled to view it.

Thea Tyvi, Course Director, Berghs School of Communication, +46 (0)70 529 66 32, This email address is being protected from spambots. You need JavaScript enabled to view it.

Jimmy Nyström, Business Development Director, BillerudKorsnäs, +46 (0)70 383 24 42 This email address is being protected from spambots. You need JavaScript enabled to view it.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world leading provider of primary fiber based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 21 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

The 2016 Progress in Paper Physics Seminar will be held in Darmstadt, Germany,  August 22-26, 2016. The Seminar provides a forum for the world’s leading scientists in paper physics as well as for engineers from industry interested in new scientific developments and innovations.

The call for papers will be published in autumn 2015. Abstracts are due March 31, 2016. Notification of acceptance will be before April 30, 2016.

We look forward to seeing you at PPPS 2016.

For further information please contact: This email address is being protected from spambots. You need JavaScript enabled to view it.

The UPM Foundation promotes education and entrepreneurship through joint work with social organisations and local representatives in Uruguay. It annually publishes a report presenting its objectives, operations and latest achievements.

“We are seeking to promote the long-term development and growth of these communities in cooperation with local stakeholders in rural areas. Our work is carried out in collaboration with social organisations, public institutions, departmental and national authorities and other social agencies,” says Magdalena Ibanez, Manager of UPM Foundation.

Established in 2006, the foundation’s mission is to bring together local stakeholders, communities and authorities especially in the fields of education and training in the departments where UPM is active.

“In rural Uruguay, some children finish school as early as age 12, which makes it difficult for them to enter professions that require special training. Through the UPM Foundation, we have been able to extend their schooling and thus improve their employment prospects in the future,” says Ibanez.

Thanks to the UPM Foundation’s work, the remote community of Clara, Tacuarembó, saw its first generation of young people complete their secondary education in December 2014. The aim of this public-private educational programme is to provide high-quality post-primary education throughout the region.

The Integrated Programme for Strengthening Rural Schools being implemented in all rural schools in Río Negro completed its second year in 2014. The programme updates traditional approaches to education, promoting more in-depth research and participation among both teachers and pupils.

The construction of a community orchard in the rural school of Queguayar has increased the variety to food with locally produced vegetables. The orchard also serves as an excellent teaching resource, bringing together families and school to work for their town.

“The UPM Foundation sees community development as starting with the advancement of individual and collective capacities, abilities and skills. The actions we carry out always focus on the long-term effect and the well-being of our reference communities,” states Ibanez.

In addition to its numerous projects, the Foundation last year organized open lectures and community workshops with local representatives, presented its operations in a photo exhibition and organised a visit for community leaders at the UPM Fray Bentos mill.  

Altogether over 308,000 people have participated in the UPM Foundation programmes in eight departments and more than 90 communities in Uruguay since it was founded.

For more information:
Magdalena Ibanez, Manager, UPM Foundation, tel. +598 9900 3828

Read more about the UPM Foundation’s work and projects in the latest annual report http://user-fudicvo.cld.bz/Annual-Report-2014

Watch the video on how the Clara project has impacted the lives of the young people in the rural community >> https://www.youtube.com/watch?feature=player_embedded&v=iM19NAR0f4A

UPM in Uruguay
UPM’s operations in Uruguay include the Fray Bentos pulp mill, the UPM Forestal Oriental forestry and wood sourcing company and its two nurseries, as well as the UPM Foundation, which works in cooperation with local organizations to contribute to education, entrepreneurship and improving quality of life through projects focusing on the rural areas where the company operates.

UPM Forestal Oriental owns 230,000 hectares of land, of which about 60% is planted with eucalyptus. The rest of the land is protected or used for forestry-related infrastructure, such as cattle grazing and other non-plantation operations. All of UPM’s forest plantations are certified to FSC® and PEFCTM standards.

The Fray Bentos pulp mill started operations in 2007 and remains one of the world’s most modern and efficient pulp mills. Its annual production capacity is 1.3 million tonnes of chemical eucalyptus pulp. Besides pulp, the Fray Bentos mill is a significant biomass-based energy producer, its electricity production accounting for 11% of Uruguay’s total energy production. The mill’s wood raw material comes from sustainably managed local plantations.

In Uruguay, UPM has 550 direct employees and the company indirectly employs around 3,400 people. UPM Uruguay’s value chain creates altogether 6,400 jobs and its contribution to Uruguay’s GDP is approximately 1.3%. www.upm.com/uy

UPM Pulp
UPM is one of the world’s leading producers of northern softwood, birch and eucalyptus pulp, supplying global customers in a variety of end use segments such as tissue, specialty papers, board as well as printing and writing through its own sales and service network. UPM operates four modern pulp mills, three in Finland and one in Uruguay as well as eucalyptus plantations in Uruguay. UPM Pulp employs approximately 1,500 people and has an annual pulp production capacity of 3.5 million tonnes. The Pulp Business is part of the UPM Biorefining Business Area. To learn more, please visit: www.upmpulp.com

UPM
Through the integration of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 20,000 people and its annual sales are approximately €10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – www.upm.com

LLC Siberwood has awarded Pöyry with the 'Proekt', i.e. permitting engineering assignment for the construction of a new modern integrated pulp mill in the Krasnoyarskiy region in Russia.  'Proekt' is an official stage in the approval process of construction projects in Russia. The assignment shall be completed by April 2016.

The pulp mill will produce northern bleached softwood kraft pulp (NBSK), bleached hardwood kraft pulp (BHKP) and dissolving pulps. The overall capacity will be 900 000 t/year. The mill will be self-sufficient in heat and electrical power. Construction shall be completed by 2019. The Siberwood project has been evaluated as a priority project by the Administration of Krasnoyarsk Region. By using Best Available Technology (BAT) that meets International and Russian Environmental Regulations, the project will contribute to improved living standards for local citizens.

"Our purpose is to realize a greenfield pulp mill project which shall become globally significant and indeed the biggest in Russia. For production of about 1 million tons of finished products, the mill will consume around 5 million m3 of low-grade wood currently unutilized in the region. In this respect, the new pulp mill will provide sanitary effect to the region's forest cluster. In the future, the modern complex shall become a platform for development of satellite biotechnological production facilities", says Sergey Malkov, CEO of LLC Siberwood.

"Pöyry is delighted to participate in such a significant project. With our combination of world class expertise and deep local understanding, we are able to support this very interesting project", says Nicholas Oksanen, Pöyry's President, Industry Business Group.

The value of the order is not disclosed. The order was recognised within the Industry Business Group order stock in Q3/2015.

Additional information by:

Nicholas Oksanen
President, Industry Business Group
Tel: +358 10 33 22294

Aleksandre Wartomo
Head of Pulp & Paper, Russia
Tel: +48 42 63 80 421

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2014 were EUR 571 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

The renewable materials company Stora Enso will be the presenting sponsor of the FIS Nordic World Ski Championships in Lahti in 2017. Stora Enso and Lahti2017 together aim to lead the way in promoting and supporting sustainable events.

The Finnish city of Lahti will host the Nordic World Ski Championships in 2017 for a record seventh time. The Championships will take place between 22 February and 5 March 2017.
The pre-World Championships, World Cup games in cross country skiing, ski jumping and Nordic combined will be held on 19-21 February 2016, also in Lahti.

“This collaboration is especially important to Stora Enso because we have a long history in Finland even before the country’s independence in 1917,” says Karl-Henrik Sundström, CEO of Stora Enso. “We are honoured to have a role in creating a successful international sports event in the year that Finland celebrates 100 years of independence.”

“Sponsoring the Nordic World Championships in Lahti is a great match for us because our roots are in the Nordic forests where cross country skiing takes place. We can contribute greatly to a sustainable event with our renewable materials: packaging, biomaterials, wood products and paper. We have very positive experiences from the Nordic World Ski Championships 2015 in Falun, Sweden, to build on,” Sundström concludes.

“We are very happy to start co-operation with Stora Enso in building a successful and sustainable international event. Together we can create excellent customer experience to all of our guests, from athletes to spectators, says Janne Leskinen, Secretary General of Lahti2017 FIS Nordic World Ski Championships.

“We are pleased to bring to a new level our excellent cooperation with Stora Enso,” adds Ingolfur Hannesson, Head of Winter Sports at Eurovision (EBU), holders of the media and marketing rights for Lahti2017. “Our policy is to work closely with companies who are willing to contribute before, during and after the Championships to ensure we leave a positive footprint that will endure for many years after the event itself.” 

“Stora Enso firstly showed its commitment to the Nordic disciplines as sponsor of the World Cup 2014 and World Championships 2015 in Falun. We are delighted that the company’s next step is their involvement in the 2017 Nordic World Ski Championships in Lahti,” commented Marcel Looze, Marketing Manager of International Ski Federation.

For further information, please contact:
Ulrika Lilja, EVP, Global Communications, tel. +46 72 221 92 28
Liisa Nyyssönen, SVP Communications Paper division and Finnish media, tel. +358 40 544 3491

Lahti2017: Secretary General Janne Leskinen, +358 400 300 930, This email address is being protected from spambots. You need JavaScript enabled to view it.