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With the increased global push for environmentally friendly and sustainable paper-based packaging solutions, Sappi has made great strides in developing breakthrough proprietary barrier technology to offer new opportunities to satisfy this need.
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Sappi Limited, a leading global producer of dissolving pulp, speciality and packaging papers, graphic paper and biomaterials, today announced that it had signed an agreement to acquire the 270,000 tons per year Matane high yield hardwood pulp mill from Rayonier Advanced Materials for US$175 million.
Sappi Europe announces a price increase for all its mechanical coated paper grades by 10-12% for all European customers with immediate effect as contracts permit. This is in addition to the previously announced and implemented increases for other geographies.
Sappi Europe announces a price increase for all its woodfree coated and woodfree uncoated paper grades by 7 – 10 % effective 1. June 2021 for all markets in Europe.
Sappi Europe announces price rise for all graphical paper grades for export markets by 8-11%
Marco Eikelenboom takes over as the new CEO of Sappi Europe from 1 April
Surrounded by the scenic mountains and forests of Trentino in northern Italy, the over 130 employees at Condino Mill are especially conscious of their environment. Finding ways to become more eco-effective —reducing waste, emissions and maximising material and resource use — is a challenge they have embraced with enthusiasm and ingenuity.
Sappi is on a journey towards greater diversity and inclusion, cultivating a culture where all people can realise their potential. Carmignano mill just outside of Venice is helping to show the way.
Sappi Europe announces a price increase for all its Packaging and Speciality paper grades by 7 – 11 % valid for deliveries from 1 April 2021.
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Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with the continued recovery in our results over the past nine months. EBITDA improved progressively from a low of US$26m in our third quarter of 2020 due to the impact of COVID-19 to US$98m for the first quarter of our 2021 financial year. I am confident that our recovery is on track despite the ongoing negative affect from COVID-19.”

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