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Finland hopes for new growth from shrunken forest industry

2016-03-30 09:04:44| Paper - Topix.net

It has created a modest 200 jobs in a Finnish forestry industry that has lost around 20,000 in the past decade, but UPM-Kymmene's new biofuels plant offers long-awaited growth and hope. The 180 million euro investment in wood-based renewable fuel production marks the first major case of transformation in a sector that has long been managing decline.

Tags: industry growth forest finland

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