Sappi Limited results for the year and fourth quarter ended September 2014. Debt below US$2 billion; full year EBITDA excluding special items increase by 25% on strong fourth quarter
Sappi today confirmed that they have concluded the sale of Sappi’s Usutu Forest Products Company Limited to local Swaziland business Montigny Investments.
EU and industry leaders have today launched a new European Joint Undertaking on Bio-based Industries (BBI). The aim is to trigger investments and create a competitive market for bio-based products and materials sourced locally and "Made in Europe", tackling some of Europe’s biggest societal challenges.
Sappi Europe will increase prices, both for coated woodfree sheets and reels, by 6 - 8% in Europe, depending on country specific circumstances, for deliveries as of the 1st of September 2014.