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Sappi Limited is pleased to announce that its three dissolving wood pulp (DWP) production facilities namely Cloquet, Ngodwana and Saiccor Mills have completed the Higg Facility Environmental Module (Higg FEM) self-assessment via the Sustainable Apparel Coalition’s (SAC) online portal.
Commenting on the result, Sappi Limited Chief Executive Officer, Steve Binnie said: “An initially strong start to the year was unfortunately offset by weak graphic paper markets and lower dissolving wood pulp (DWP) prices driven by the ongoing trade wars and slower economic growth in various geographies."
Sappi Limited, a leading global producer of dissolving wood pulp, specialities and packaging papers, graphic papers and biomaterials, today announced that all conditions precedent relating to the acquisition of the Matane high yield hardwood pulp mill in Quebec Canada from Rayonier Advanced Materials (RYAM) have been fulfilled and closing has been completed.
The Forests in Focus platform will optimize multiple public data sources to support sustainability commitments.
Sappi Limited (JSE: SAP, OTC: SPPJY) will release its Q1 FY20 financial results for the period ended December 2019 on Thursday, 13 February 2020, at 09:00 South African time.