Finnish label material company UPM Raflatac\u2019s business area and reporting segment is set to be rebranded with a new name, UPM Adhesive Materials.<\/p>\n
This change will be reflected in the company\u2019s interim report for the second quarter (Q2) of 2025.<\/p>\n
It aligns with UPM Raflatac\u2019s strategic direction to expand its offerings beyond label materials into graphics solutions and speciality tapes.<\/p>\n
UPM Adhesive Materials utilises the company\u2019s expertise in adhesives, material performance, and services to deliver enhanced value to customers, states the company.<\/p>\n
With a market presence in label materials, the business has seen substantial growth in graphics solutions, bolstered by strategic acquisitions of companies such as AMC, Grafityp, and Metamark.<\/p>\n
UPM Adhesive Materials executive vice-president Tim Kirchen said: \u201cThe new business area name reflects our expanded portfolio and growth aspirations and highlights the value we deliver to our customers through the adhesive material performance.\u201d<\/p>\n
Furthermore, UPM Raflatac has emphasised its climate action across three key areas, forests and land, emissions reduction, and products and services, in its 2024 Climate Review.<\/p>\n
A notable reported achievement includes a 55% reduction in scope 1 and 2 emission intensity from a 2015 baseline, with the aim of reaching a 65% reduction by 2030.<\/p>\n
The company\u2019s factories in China, Malaysia, and Finland have played a key role in this progress by switching to renewable or carbon dioxide-free electricity contracts.<\/p>\n
These efforts are part of a broader strategy to reduce the company\u2019s scope 3 emission intensity related to raw materials and transportation.<\/p>\n
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