UPM
will move 300,000 tonnes of paper production from Finland to central Europe if
the European Union (EU) passes the proposed changes to the directive on marine
fuel sulfur content in their current form, the firm's CEO Jussi Pesonen told
the Finnish newspaper Maaseudun Tulevaisuus.
In
May, EU authorities agreed to amend the sulfur directive, which limits the
sulfur content of marine fuels. Under the amended rules, the limit will fall
from 1.0% to 0.1% in the North Sea, the English Channel and the Baltic as of
2015. A sulfur limit of 0.5% will be mandatory in other EU waters by 2020.
