Sappi in the news

Sappi Europe announced a price increase of EUR 89 per tonne across its Paper Board portfolio, effective November 1, 2026, due to sustained cost pressures.

Sappi Europe announced a price increase of ‑89 per tonne across its Paper Board products, effective November 1, 2026, due to sustained cost pressures.

UPM-Sappi has been granted an extra 20 days to submit remedies for regulatory changes.

UPM and Sappi have been granted additional time, and the full details of this development are accessible only to paid members.

Sappi Europe is raising prices by  89 per ton across its paperboard portfolio effective November 1 due to cost pressures.

The European Commission extended its review of the UPM and Sappi €1.42 billion paper deal until December 9, as the companies prepare to propose remedies without asset sales to address competition concerns in European communication paper markets.

UPM and Sappi are addressing European Commission concerns regarding their planned graphic paper joint venture, which has already been approved by other major countries.

The European Commission reaffirmed its serious concerns about the planned UPM-Sappi joint venture.

The European Commission has restated serious concerns about UPM-Kymmene and Sappi's planned graphic paper joint venture.

UPM and Sappi will submit remedies to EU regulators to approve their graphic paper businesses merger.

UPM and Sappi are addressing European Commission concerns regarding their planned graphic paper Joint Venture, despite having received approvals from other jurisdictions.

Sappi and UPM are currently engaging with the European Commission over their proposed €1.42bn paper joint venture, which is under a phase II merger review due to competition concerns.

UPM and Sappi are addressing European Commission competition concerns for their planned graphic paper joint venture aimed at adjusting capacity in a declining market.

Kirk Ross is appointed president and CEO of Sappi North America, succeeding Mike Haws, effective January 1, 2027.

Sappi appointed Kirk Ross as the CEO of Sappi North America.

UPM and Sappi's graphic paper joint venture received South African approval, but the European Commission's review continues due to competition concerns in a shrinking market.

Sappi North America appointed Kirk Ross as its new president and CEO, succeeding the retiring Mike Haws, effective January 1.

Sappi (SPPJY) is considered an undervalued stock by Zacks due to its strong Zacks Rank and high Value grade, with a P/E ratio much lower than its industry average.

Kirk Ross is appointed as the new President and CEO of Sappi North America, effective January 1, 2027, succeeding retiring Mike Haws.

Mike Haws will step down as CEO of Sappi North America in early 2027 and will be succeeded by Kirk Ross, the current vice president of manufacturing.