Sappi and UPM have submitted remedy proposals to the European Commission, addressing competition concerns in the proposed graphic paper joint venture.
Nov 12, 2026
Sappi and UPM submitted proposed remedies to the European Commission as part of its ongoing review of the planned graphic paper Joint Venture. The proposed remedies include capacity optimisation for certain paper grades in Europe, commercial safeguards for customers, and investments in decarbonisation, electrification and energy efficiency. The commitments also include related disclosures to support a competitive and stable market amid declining demand.
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Sappi maintains that the joint venture would strengthen the long-term competitiveness and sustainability of Europe’s graphic paper industry by enabling an orderly adjustment of production capacity while ensuring reliable customer supply. The companies noted that European graphic paper industry sales declined 7% year-on-year in Q3 2026.
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The European Commission will assess the proposed remedies, with its final decision expected by year-end or shortly thereafter.
