News and Events

Commenting on the results for the period, group CEO Steve Binnie said: “Market conditions remained challenging during the quarter with ongoing macroeconomic pressures, subdued consumer confidence and overcapacity driving pricing declines across all product segments.”

As expectations rise for sustainability data to be credible, comparable and usable in real-world decisions, Sappi has been recognised by CDP for the quality and maturity of its environmental disclosures.

Sappi has expanded its range of functional packaging papers with a full set of heat-sealable solutions designed for converters, printers, and brand owners who want fibre-based alternatives to plastic.

Sappi Limited (“Sappi”) and UPM-Kymmene Corporation (“UPM”) have today announced the signing of a non-binding letter of intent to form a non-listed, independent 50/50 Joint Venture for graphic paper.

“Sappi’s immediate focus remains on internal levers within the company’s control,” says Sappi CEO Steve Binnie, adding: “Our ‘Back to Basics’ focus is to reduce debt and strengthening the balance sheet through targeted cost savings initiatives and operational efficiency improvements.”

Sappi North America is concerned with today’s announcement from The Nature Conservancy regarding its agreement with Brookfield Renewable to acquire four hydroelectric facilities on the Kennebec River in Maine, including the Shawmut Dam.

Sappi North America has assembled a powerhouse leadership team to drive the company’s next phase of manufacturing innovation and investment.

New Products, Expanded Capacity, and the Power of Touch Take Center Stage

Commenting on the group’s results, Sappi Chief Executive Officer, Steve Binnie said: “The group faced a particularly challenging quarter, marked by ongoing global economic weakness and heightened uncertainty stemming from persistent trade and tariff tensions. Sales volumes were impacted by the ramp-up of the Somerset Mill PM2 project. As a consequence the group delivered Adjusted EBITDA of US$80 million.”

$500 Million Investment at Somerset Mill Expands Sappi’s Leadership in High-End Paperboard for Food, Beverage, and Consumer Packaging.

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.

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