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."
The growth of the Sappi Trails Programme has resulted in a world class network of trails in the Karkloof and Howick area in KwaZulu-Natal. Extensive and exciting trail networks have also been established at both Mankele Bike Park and Tranquilitas Adventure Farm in Mpumalanga.
Sappi Limited is pleased to announce that its three dissolving pulp (DP) 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 pulp (DP) prices driven by the ongoing trade wars and slower economic growth in various geographies."
Sappi Limited, a leading global producer of dissolving 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.
Sappi Southern Africa has been recognised for their contribution to promoting export competitiveness, having taken top honours at the 2019 KZN Exporter of the Year Awards held at the ICC in Durban on Thursday 17 October. Sappi was announced as winner in the ‘Large Exporter’ category and was also acknowledged as finalist in the ‘Africa’ and the ‘Manufacturers’ categories.
A paperboard (SBB) with full coated top- and light reverse side coating. It delivers ultimate quality consistency on the top side and new levels of colour brilliance through advanced ink lift on the reverse side.
Commenting on the result, Sappi Limited Chief Executive Officer, Steve Binnie said: “Although our third quarter is traditionally lower due to northern hemisphere summer holidays, the results for the quarter were under pressure. We faced challenging market conditions across all our major product categories."
Sappi Limited, a global leader in dissolving pulp as well as graphic, packaging and speciality papers, today announced that Michael G (Mike) Haws (56), currently Vice President Manufacturing at Sappi North America, has been appointed as President and CEO of Sappi North America as from 1 October 2019.