Description
(AWP Alliance News) - UPM and Sappi have submitted commitments to the European Commission for their proposed European graphic paper joint venture. The commitments cover supply-capacity adjustments for certain paper grades, customer safeguards and investments to reduce emissions and improve energy efficiency.
Specific measures would be developed once the joint venture is established. European graphic paper industry sales fell 7% year over year in the third quarter of 2026, underscoring the market's structural decline.
The commission's final decision is expected by the end of 2026 or shortly thereafter.
https://www.publicnow.com/view/9FC600D1235A75B9293F4E95DB1D1A345C32C696…
Disclaimer: This news brief was created using generative artificial intelligence. UPM-Kymmene Oyj published the original content used to generate this news brief via Cision on November 05, 2026, and is solely responsible for the information contained therein.
