Article5 min read Jan 8, 2026Sappi and UPM Propose Combining Their European-Based Graphic Paper Businesses to Create a New Joint Venture CompanySappi Limited (“Sappi”) and UPM-Kymmene Corporation (“UPM”) have announced the signing of a non-binding letter of intent to form a non-listed, independent 50/50 Joint Venture for graphic paper.
Article3 min read Jun 12, 2025Suzano and Kimberly-Clark Announce $3.4 Billion Joint Venture PartnershipSuzano, the world's largest pulp producer, and Kimberly-Clark, a global leader in the consumer staples industry, today announced the creation of a US$3.4 billion joint venture focused on the manufacture, marketing and distribution of consumer and professional tissue products, such as toilet paper, napkins, paper towels and facial tissues in over 70 countries. Suzano will acquire a 51 percent interest in the new entity, with Kimberly-Clark holding a 49 percent interest.
