Southern Africa

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the records achieved in FY2022, I am pleased that we have been able to deliver a satisfactory set of results under particularly difficult circumstances with an EBITDA excluding special items of US$731 million for the year ended September 2023.”

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.

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.

It was back to school with a bang this year for many of Sappi’s neighbouring schools throughout the KwaZulu-Natal and Mpumalanga regions, thanks to Sappi’s impactful ‘Back to School’ paper donation and matric excellence campaign.

Sappi announced today the closing of the offering of €300 million 4.500 % sustainability-linked senior notes due 2032 by its subsidiary Sappi Papier Holding GmbH (“SPH”).

Global Recycling Day, observed every year on 18 March, celebrates the vital role that recycling plays in preserving the planet for future generations.