According to the Finnish daily Hufvudstadsbladet, Jussi Pesonen, UPM's CEO, told the news paper Maaseudun Tulevaisuus that UPM will move paper production corresponding to one paper machine, approximately 300,000 tons, from Finland, if the EU passes the proposed changes in the directive on marine fuel sulfur content.Pesonen said that the cost development in Finland is continuously going in the wrong direction, and that increased transportation costs as a result of the EU directive for the Baltic Sea, will force the paper industry to act.