UPM informed that Comisión Administradora del Río Uruguay (CARU) confirmed fulfillment of the environmental criteria by UPM Fray Bentos pulp mill in Uruguay.
According to the announcement, CARU published its monitoring results in November 2016, corresponding to 50 inspections carried out since 2011. The monitoring work includes the mill’s effluent discharge to the Uruguay River, as well as water quality in the river itself and at the mouth of the Gualeguaychú River. The cumulative environmental data proves that the mill fulfils all the environmental criteria set by the authorities.
CARU is a permanent joint organisation between Uruguay and Argentina that directs and regulates the objectives and interests of both countries in the shared segment of the Uruguay River.
Earlier UPM increased EBITDA margin to 16.3% in 1Q2017.
The company is largely focused on fibre- and biomass-based businesses, recyclable raw materials and products. UPM integrates bio and forest industries and operates across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA (Europe and North America) and UPM Plywood.