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Diversified Forestry

UPM

Core Nasdaq Helsinki: UPM
Headquarters
Helsinki, FI
Segment
Diversified Forestry
Stories held
2
Last story
14 Sep 2026

2 stories · 2026

Innomost launches birch-bark suberin coating for fibre packaging barriers

Finnish company Innomost has developed Suberinno Suberin, a barrier material derived from birch bark suberin, aimed at replacing fossil-based coatings in fibre-based packaging. The material targets moisture, grease and oxygen barrier properties for food and non-food paper and board packs. Innomost currently produces the material at its Kokkola, Finland facility and plans to build an industrial-scale plant within two to three years.

Why this mattersA commercially scalable bio-based multi-barrier coating could let paper and board packaging displace plastic laminates while meeting PPWR recyclability requirements.

  • Innomost sources birch bark from an existing side stream of the Nordic forest industry.
  • The product is marketed as Suberinno Suberin.
  • It can provide moisture, grease and oxygen barrier properties in a single material.
  • Production currently takes place at Innomost's facility in Kokkola, Finland.
  • Innomost plans to build an industrial plant and scale production within two to three years.
  • University of Oulu is separately developing suberin coatings with UPM and Metsä Board.
Innomost UPM mentioned Metsä Board mentioned
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Sappi and UPM name CEO and CFO for planned graphic papers joint venture

Sappi and UPM have nominated Gunnar Eberhardt as CEO and Stephen Blyth as CFO of their planned graphic papers joint venture, subject to regulatory clearance. The move comes after the European Commission issued a statement of objections roughly three weeks earlier, citing concerns that the merger could raise prices and reduce quality in communication papers. Sappi shareholders had already approved the deal with a 98.5% majority, and management aims to complete the transaction by the end of 2026.

Why this mattersRegulatory pushback on the Sappi-UPM graphic papers combination signals scrutiny that could delay or reshape a deal meant to consolidate a shrinking market.

  • Gunnar Eberhardt nominated CEO and Stephen Blyth CFO of the planned Sappi-UPM graphic papers joint venture on 9 September 2026, subject to regulatory approval
  • European Commission issued a statement of objections about three weeks earlier, citing risks of higher prices and lower quality in communication papers
  • Sappi shareholders approved the joint venture with a 98.5% majority
  • Sappi management targets completion of the transaction by the end of 2026
  • Sappi reported Q3 adjusted EBITDA of USD 53m, down 34% year on year, within its July guidance
  • Sappi has removed USD 120m of costs, half of it fixed-cost reductions mainly at European sites
Sappi UPM counterparty
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