News and Events

Sappi Europe today announced the initiation of a consultation process at its Alfeld Mill in Germany as part of a proposed partial asset restructure. This step is being taken in response to sustained financial challenges and a structural decline in demand across Europe.

As South Africa enters the high-risk winter fire season, Sappi Southern Africa reflects not only on the serious threats that fires pose to forests, communities and livelihoods — but on the discipline and readiness it takes to confront them.

Sappi Limited has decided to upgrade its presence for North American investors by joining the OTCQX trading platform.

The official opening of the Sappi Forestry Skills Centre in Richmond, KwaZulu-Natal recently, marked a major step in shaping a future of opportunity for those working in the industry.

“The Touch Advantage” reveals how premium packaging influences sales and customer satisfaction.

Commenting on the group’s results, Sappi Chief Executive Officer, Steve Binnie said: “The operating performance for the second quarter fell short of expectations due to challenging market conditions and issues that arose during scheduled maintenance shuts, with the group delivering Adjusted EBITDA of US$107 million.”

Gaining momentum on our sustainability journey. Sappi Southern Africa is proud to unveil its latest Corporate Citizenship Report, themed ‘Gaining Momentum’, reflecting the strides made in its sustainability journey.

Sappi has again achieved the highest platinum level in EcoVadis’ sustainability rating across all three of its manufacturing regions – Europe, North America, and South Africa.

Sappi Forests is proud to celebrate an extraordinary safety achievement by its Zululand Coastal team, which has reached the milestone of 10 million Lost Time Injury Free (LTIF) hours.

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Despite continued challenging global macroeconomic conditions and weak paper markets I am pleased that the group delivered Adjusted EBITDA of US$203 million, which was ahead of expectations and substantially above last year.”

The persistent global economic downturn is proving to be much tougher than anticipated with depressed markets, geopolitical instability and weak economic growth combining to put significant pressure on Sappi, particularly in Europe.

Commenting on the result, Sappi Chief Executive Officer Steve Binnie said: “A good performance from the European and North American packaging and specialities segment and satisfactory results from the graphic paper businesses were not enough to offset the significant impact from the unprecedented and markedly lower dissolving pulp (DP) prices.