Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am very proud of the excellent performance during the quarter particularly in light of the impact of Covid-19 in the last two years and the global economic turmoil. Tight global paper markets were the principal factor behind the quarter’s success and enabled the implementation of higher selling prices which offset extraordinary cost inflation. The Russian-Ukrainian conflict triggered renewed volatility in global commodity markets and further disrupted already constrained global supply chains, which intensified cost inflation across all regions and all product segments.”
Sappi Southern Africa holds a 30% stake in Ngodwana Energy, a 25 MW biomass energy plant at Ngodwana Mill. The plant, which came on stream in March 2022, uses biomass recovered from surrounding plantations and screened waste material from the mill production process. Up to 35 tonnes an hour of biomass is burned in a boiler to generate steam and drive a turbine to generate electricity which is fed into the national grid. Some questions have been raised about the environmental sustainability of the project, which we have answered here.
Speaking at the 15th World Forestry Congress, held in Seoul (Korea), from 02 to 06 May 2022, Sappi Forests Vice President Duane Roothman, shone a light on South African commercial forestry plantations.
Talking to Tyrone Hawkes, Sappi Southern Africa’s Vice President for Strategy and Business Development about Ngodwana Energy, a 25 MW biomass energy plant at Ngodwana Mill in which Sappi Southern Africa holds a 30% stake. The plant, which came on stream in March 2022, uses biomass recovered from surrounding plantations and screened waste material from the mill production process.
Climate change has exacerbated the potential for forest fires. At Sappi, we practise sustainable forestry with fire risk management systems in place to ensure forestlands remain forested in South Africa and everywhere we operate.
The Covid-19 pandemic did have some silver linings. For the apprentices at our Skills Centres, it inspired the creation of a new business to supply reusable cloth masks and other personal protective equipment (PPE) in South Africa.