Europe

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EU
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Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am very proud of the excellent performance during the quarter particularly in light of the impact of Covid-19 in the last two years and the global economic turmoil. Tight global paper markets were the principal factor behind the quarter’s success and enabled the implementation of higher selling prices which offset extraordinary cost inflation. The Russian-Ukrainian conflict triggered renewed volatility in global commodity markets and further disrupted already constrained global supply chains, which intensified cost inflation across all regions and all product segments.”
Responding to climate change is one of the greatest challenges of our times. As a global company, Sappi is committed to being part of the solution and is focused on decarbonising its operations. As part of its long-term global commitment to climate protection and sustainable production, Sappi will be abandoning the use of coal at its German site in Stockstadt as a next step.
Sappi Europe informs customers about ongoing challenges to cope with further increases of pulp, energy, chemicals and transportation costs.
Due to continuing high cost and volatility in raw materials, energy and transportation Sappi Europe will be forced to increase its prices to its European customers by 8% from 15 May.
In order to maintain profitability and keep its mills running full, Sappi will implement a further price increase of 10% to its Woodfree paper grades effective for deliveries from early April latest beginning May depending on the market
We’ve joined the global movement to contribute to the UN Sustainable Development Goals (SDGs), setting ambitious targets in areas where we believe Sappi can have the biggest impact. Discover some of the projects big and small on Sappi Europe’s journey towards a thriving world.

An uncoated, calendered paper with both sides treated for siliconising. Designed for diverse bakery applications (e.g. panetone).

An uncoated machine-finished translucent paper. Designed for different food and non-food applications.

Following an intense selection process, Sappi’s ZAR1.8 billion 5-year Convertible Bond was recognised as the winner of the Bonds & Loans Africa Award for Structured Bond Deal of the Year for 2021 during an awards ceremony on 9 March 2022 in Cape Town
Since the EU microplastic ban became law in 2022, demand for natural and green solutions in the personal care and homecare market in Europe is at an all-time high.

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