North America

Sappi Limited announced this week their plans to invest $165 million at their Somerset mill site in Skowhegan.

Sappi Limited Announces $165 million Paper Machine Rebuild at its Somerset Mill in Skowhegan, Maine.

Commenting on the result, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with our solid operating performance for this quarter. Group profit increased by 20% and EBITDA by almost 15%.”

When a company’s CEO is given the honour of blowing the metre-long kudu antelope horn at the Johannesburg Stock Exchange (JSE), it not only signals the ritual opening of the local financial market. It also marks the celebration of success – in this case, Sappi’s re-entry to the JSE Top 40 Index, as well as our 80th year of being listed on the JSE.

Pulp and paper company Sappi has said that it was planning to increase its dissolving wood capacity by more than 30 percent in the next four years to extract maximum value from the wood fibre value chain.

Sappi Limited launches new website highlighting global presence, increased functionality and robust educational resources.

Sappi Limited is pleased to announce that it will bolster its biorefining expertise through the acquisition of the Xylex® and Versalac® technologies owned by Plaxica Limited.

This September, Sappi North America, a leading producer and supplier of casting and release papers, announced an exclusive agreement with Sharklet Technologies to begin manufacturing a casting and release paper that utilizes the Sharklet™ micropattern. The product will be called Neoterix™ ST, the first product in Sappi’s new functional Neoterix casting and release paper line.

Corporate report. When a plan comes together. Hard work has finally paid off for the company, performance improvement on all counts.

Sappi North America announced that it has been selected as a winner in the paper industry's prestigious 2016 Pulp & Paper International (PPI) Awards.