News and Events

Following on the nomination of Gunnar Eberhardt as CEO and Stephen Blyth as CFO, Sappi and UPM have selected nominees for additional management team roles of their proposed graphic paper Joint Venture. All nominations are conditional on the receipt of all regulatory approvals and the successful completion of the transaction.

Sappi Europe, a leading producer of high quality graphic papers, today announces a price increase of 5-7% across its full range of Woodfree Coated (WFC) papers sold in European Markets. The increase will apply to all new orders and deliveries from 12 October 2026.

Sappi and UPM have selected nominees for the CEO and CFO roles of their proposed graphic paper Joint Venture. All nominations are conditional on the receipt of all regulatory approvals and the successful completion of the transaction.

Read why Europe’s competitiveness depends on keeping manufacturing viable in Marco Eikelenboom's latest article published in Eractiv 31 August.

26 August 2026 - Sappi acknowledges receipt of a Statement of Objections from the European Commission regarding the proposed joint venture with UPM.

While global market conditions remained challenging, the quarter reflected encouraging progress in key strategic initiatives, particularly the continued ramp-up of the Somerset Mill PM2 paperboard machine in North America, ongoing cost reduction actions across the group and disciplined capital allocation.

Sappi, a global leader in woodfibre-based renewable resources, today announced that it has joined the ZDHC (Zero Discharge of Hazardous Chemicals) Roadmap to Zero Programme, reinforcing its commitment to responsible chemical management for its global dissolving wood pulp operations.

28 May 2026 - Sappi Limited (“Sappi”) and UPM-Kymmene Corporation (“UPM”) have today announced the signing of binding (definitive) agreements to form a non-listed, independent 50/50 Joint Venture for graphic paper.

Both companies would own a 50% share of the proposed new independent company through shareholding continuing to operate in current business segments and geographic locations.

Proposed Joint Venture would see creation of a standalone company able to combine complementary portfolios creating a financially stronger and more resilient company with a core focus on Graphic Papers.

Additionally, the Joint Venture will ensure reliable long-term European supply for the printing industry.

While headline earnings were impacted by an unprecedented “risk-off” global environment and a volatile Rand/US Dollar exchange rate, the group has significantly accelerated its focus on innovative business enhancements to ensure global competitiveness.

Platinum in a year of tougher EcoVadis standards reflects elevated performance across Sappi's operations

Sappi Europe today announced that it has accepted an offer from Camvac International Ltd to acquire Rockwell Solutions, a Scotland-based specialist in barrier coatings and heat-sealable lidding films.