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Sappi Limited announced today that it has concluded an agreement with AURELIUS Investment Lux One S.à.r.l. (“AURELIUS”) regarding the divesture of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany and its Kirkniemi Mill in Finland (the “Transaction”).
With the increased global push for environmentally friendly and sustainable paper-based packaging solutions, Sappi has made great strides in developing breakthrough proprietary barrier technology to offer new opportunities to satisfy this need.
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Sappi Limited, a leading global producer of dissolving pulp, speciality and packaging papers, graphic paper and biomaterials, today announced that it had signed an agreement to acquire the 270,000 tons per year Matane high yield hardwood pulp mill from Rayonier Advanced Materials for US$175 million.
The steam boilers that Sappi needs for paper production are increasingly part of the solution to climate change. Instead of relying on fossil fuels like gas, Maastricht Mill has installed an electronic or ‘e-boiler’ so that wind and solar can become part of the energy mix.
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Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said, “I am very pleased with Sappi’s exceptional performance this past year. Once again, the dedication and resilience of the Sappi team shone through, this year delivering EBITDA of US$1,339 million, well above the previous record set in FY2000 (US$1,052 million)."
Sappi Papier Holding GmbH (SPH), a wholly owned subsidiary of Sappi Limited (Sappi), announced yesterday the final results of its offer to purchase for cash a portion of its outstanding 3.125% Senior Notes due 2026 (the tender offer).
Sappi issued on 4 August 2022 via the Stock Exchange News Service of the JSE an announcement entitled 'Third quarter results for the period ended June 2022'.
Sappi Biotech, Frankfurter Brett’s and Kegelmann Technik, announced a new innovation; a sustainable kitchen console made from Sappi Symbio.  Sappi Symbio combines high quality cellulose from woodfibre and thermoplastics. The benefits of Sappi Symbio include a natural look, a soft touch, high rigidity and strength together with a lower environmental footprint.
Where is the label market headed? How can everyday products be labelled in a way that is resource-saving and environmentally friendly? These are the issues that Robert Gabriel-Jürgens, Head of Sales Label Papers at Sappi Europe, and Corey Michael Reardon, President and CEO of AWA Alexander Watson Associates, will be discussing in the new episode of the Sappi Blue Couch series.
Modernisation of the power plant boiler at Sappi’ s production site in Gratkorn, Austria, is finally completed. As of now, more sustainable fuels will be used instead of coal to power the paper machines at the company’s largest mill in Europe

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