Leading Stories

UPM receives European Commission statement of objections over Sappi joint venture

2026-08-26T10:30:00T

UPM remains convinced that the planned joint venture is a necessary step to secure reliable supply continuity for graphic paper customers in Europe and strengthen the resilience of the entire European graphic paper industry, and will continue to engage constructively with the Commission during the next stages of the ongoing investigation.

Sources: EU expected to object to UPM-Kymmene and Sappi paper deal

2026-08-25T10:30:00T

The EU's competition authority is preparing a formal objection to Finnish forestry giant UPM-Kymmene and Sappi's planned joint venture in graphic paper, a deal valued at €1.42bn. Bloomberg News reported, citing sources.

Commission clears merger of Kimberly-Clark and Kenvue subject to divestment

2026-08-24T13:30:00T

The Commerce Commission has given clearance to Kimberly-Clark Corporation to acquire 100% of the shares in Kenvue Inc. as part of a global transaction, subject to an undertaking to divest Kenvue's feminine hygiene business in New Zealand and Australia.

USFS Funding for New and Expanded Markets

2026-08-24T11:00:00T

Earlier this month, the USDA Forest Service announced over $105 million in funding for a range of projects that support the forest industry.

Canada will impose retaliatory tariffs on US goods, including pulp and paper, beginning Sept. 8 as trade negotiations collapse

2026-08-24T11:00:00T

Carney said his government will release more details about these retaliatory policies in the "coming days" and that the tariffs would apply to goods like steel, dairy, appliances, agricultural equipment, pulp and paper and electronics.