SDWP is a key contributor to Sappi’s success with dissolving wood pulp (DWP) accounting for 20% of Sappi's total sales in FY2017.
As we develop as ‘One Sappi’ in line with our evolving strategic vision, we expect continued growth in the demand for DWP, signalling positive long-term market prospects for both DWP and the company. Our competitive cost position provides us with the platform to build the business further with our key strategic partners, while providing our customers with unmatched quality, consistency and scale.
For this reason, we continue to invest in product innovation on a global level. In FY2017, our research and development spend was US$29.5 million across worldclass Centres of Excellence in North America, Europe and South Africa.
We expect this strategy to underpin our enduring success in DWP – facilitating growth while maximising returns for our investors.