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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.
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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.
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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 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'.
Sappi Biotech, Frankfurter Brett’s and Kegelmann Technik, announced a new innovation; a sustainable kitchen console made from Sappi Symbio.  Sappi Symbio combines high quality cellulose from woodfibre and thermoplastics. The benefits of Sappi Symbio include a natural look, a soft touch, high rigidity and strength together with a lower environmental footprint.
Innovation is embedded in Sappi's DNA with the latest expression in an exciting new collaboration with the Rochester Institute of Technology in upstate New York.
Sappi’s international Revolving Credit Facility (RCF) of EUR 515 million benefits from our newly developed Sustainable Financing Framework. This is more proof of our sustainability promise and contributions to the circular economy.
Sappi’s International Revolving Credit Facility (RCF) of EUR 515 million benefits from the group’s newly developed Sustainable Financing Framework.
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Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am very proud of another quarter of record earnings against a backdrop of significant geopolitical turmoil, supply chain headwinds and extraordinary global inflationary pressures.”

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