Europe

Code
EU
Sappi Ehingen Mill
Sappi is expanding its corrugated raw material product line with topliner and fluting with a new containerboard product group Containerboard. Bernd Gelder, Product Group Manager for Containerboard, is responsible for the enlarged product group.
Further to Sappi’s announcement on March 14, 2016 in connection with a bond issue, Sappi Limited announced today that it priced its bond offering to raise €350 million of new senior secured notes due 2023 with a coupon of 4.0% per annum.
Sappi Limited announced today the closing of the offering of €350 million 4% senior secured notes due 2023 by its subsidiary Sappi Papier Holding GmbH (“SPH”). The net proceeds from this offering will be used to redeem all of SPH’s outstanding US$350 million senior secured notes due 2021 (the “2021 Notes”).
Sappi introduces Algro Guard OHG, a new high-barrier paper-based packaging solution. With integrated barriers and heat sealing properties the paper is suitable for flexible packaging applications.
Sappi Europe welcomed this year’s 13 qualifying teams to Munich, Germany to compete for the Sappi Cup Table Football Tournament title on 21st April 2016. 28 players from an original pool of 148 teams made the trip, representing Austria, CEE - Slovakia and Czech Republic, France, Germany, Italy, Poland, Spain, the UK.
Our strategy to reposition Sappi as a profitable and cash-generative diversified woodfibre group remains well on track. The strong quarterly growth in our EBITDA excluding special items continues with an increase of 15% over the prior year to US$195 million.
Sappi Europe proudly reports that the famed House of Besserat de Bellefon, based in Epernay in the Champagne region of France, has chosen to package its crown jewel, Cuvée des Moines, in a presentation case constructed of elegant, bright-white Sappi Algro Design carton board.
As part of an initiative to raise funds for a school integration project in Aachen, Germany, Sappi Europe has donated the paper necessary to produce a colourful cookery book entitled ‘Meat & Greet.’
Sappi Speciality Papers today announced that it will be exhibiting at two important European packaging & label shows in the fall of this year. FachPack is scheduled to run from 29 September through 1 October in Nuremberg, Germany; while Labelexpo Europe will take place in Brussels, Belgium, from 29 September through 2 October
Sappi Southern Africa has today announced it will shut down its Adamas paper mill in Port Elizabeth, South Africa. The permanent closure of the mill is expected to be finalised at the end of August.

Pages