Sotheby's Auction of Important 20th Century Design Features Pavilion Constructed From Environmentally Innovative UPM ProFi
June 06 2008 - 10:31AM
PR Newswire (US)
WESTMONT, Ill., June 6 /PRNewswire-FirstCall/ -- Potential bidders
from around the globe are expressing interest in a unique structure
that will be a featured piece at Sotheby's Important 20th Century
Design auction Saturday, June 14, in New York. Originally designed
as an exhibition pavilion, it is constructed almost entirely from
UPM ProFi, a wood-plastic composite made primarily with recycled
materials from UPM's label business. The pavilion is the result of
a unique partnership of global forest industry leader UPM, renowned
Japanese architect Shigeru Ban and Finnish design company Artek. A
trailblazer in applying ecological thinking to architectural
design, Ban was inspired by UPM ProFi and sketched an exhibition
space for Artek that would be built from the new wood-plastic
composite. The pavilion was first presented by Artek and UPM at
Salone Internazionale del Mobile, Milan, Italy, then was
reassembled for display in Helsinki, Finland, and at Design Miami
2008 in Florida. Innovative and award-winning, UPM ProFi leads the
next generation of wood-plastic composites. Not only does it offer
new levels of performance, but with new recycling technology at its
core, it makes a positive impact on the environment. UPM ProFi is
manufactured from surplus materials, primarily paper and plastic,
left over from the production of self-adhesive labelstock by UPM
Raflatac, the Label Division of UPM. The process residue is sent to
UPM ProFi's production facility where it is recycled and
transformed into UPM ProFi products. "The pavilion is a perfect
match of UPM's drive in product innovation and Artek's world-class
design," said Markku Koivisto, Director, UPM ProFi. Koivisto
emphasized UPM's commitment to the environment and sustainability
which led to the development of UPM ProFi. "We are continuously
researching new ways of reducing waste at all stages of our
products' lifecycles," he said. "UPM ProFi is a great example of
our sustainable approach to business and the flexibility to think
across traditional lines of business." Sotheby's Important 20th
Century Design pre-auction exhibition is open for public viewing
June 8-13 in New York. The auction takes place June 14 at 10 a.m.
The pavilion, created for Artek by renowned architect Shigeru Ban
from UPM ProFi recycled material, is expected to sell for USD
$800,000 to $1.2 million. For more information and photography,
please see: UPM ProFi: http://www.upm-kymmene.com/ > Media
Relations > Press kits > UPM ProFi. Images from Sotheby's
auction will be available for download June 16. Artek-pavilion:
http://www.artek.fi/ > News/Press > Download Sotheby's
"Important 20th Century Design" -sale: http://www.sothebys.com/
UPM: UPM is one of the world's leading forest products groups. The
Group employs around 26,000 people and in 2007 made sales of EUR 10
billion. UPM's main products include printing papers, label
materials and wood products. The company has production units in 14
countries and its main market areas are Europe and North America.
UPM's shares are listed on the Helsinki stock exchange and the
company has an ADR program on the OTC market in the United States.
http://www.upm-kymmene.com/. Sotheby's New York: Sotheby's, 1334
York Avenue at 72nd Street, New York, NY 10021 Sotheby's is a
global company that engages in art auction, private sales and
art-related financing activities. The Company operates in 40
countries, with principal salesrooms located in New York, London,
Hong Kong and Paris. The Company also regularly conducts auctions
in nine other salesrooms around the world. Sotheby's is listed on
the New York Stock Exchange under the symbol BID.
http://www.sothebys.com/ DATASOURCE: UPM CONTACT: Markku Koivisto,
Director, UPM ProFi business, 011+358 40 861 2852, or UPM Corporate
Communications 24-hour Media Desk, 011+358 40 588 3284, , or Sharon
Pond, Communications Manager, UPM North America, +1-630-386-2681
Web site: http://www.upm-kymmene.com/ http://www.upmprofi.com/
http://www.sothebys.com/ http://www.artek.fi/
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