Europe

Learn more at https://www.interzum.com/en/trade-fair/interzum-2023/.

Sappi Europe announces major paper machine upgrade and modernisation to it's Paper Machine 11 at Gratkorn mill. The Paper Machine will undergo extensive modernisation of automation and electrical equipment including drives, control systems, quality control and inspection systems as well as upgrades to the coating profile and other areas.

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'.

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

Due to continuing high cost and volatility in raw materials, energy and transportation Sappi Europe has announced a price increase to its Coated Mechanical reels. The adjustment will range between 6-9% and will be implemented during the month of October.