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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 pleased with the steady recovery from the ongoing challenges of the COVID-19 pandemic. EBITDA continued to improve quarter-on-quarter from a low of US$26m in our third quarter of 2020 through US$98m in the previous quarter to US$112m for the current quarter, with further improvement expected for our third quarter.”
Leading paper and packaging supplier showcases record year for safety and sustainability in annual report.
Company awarded for sustainable product development and design of casting and release paper.

Designed for corrugated board applications and shopping bags with outstanding tactile properties and excellent colour gamut.

Company nominated for sustainable product development and design of casting and release paper.
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Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with the continued recovery in our results over the past nine months. EBITDA improved progressively from a low of US$26m in our third quarter of 2020 due to the impact of COVID-19 to US$98m for the first quarter of our 2021 financial year. I am confident that our recovery is on track despite the ongoing negative affect from COVID-19.”
Sappi Limited, a global forest products leader, is proud to announce that its South African division has been awarded the first ever Programme for the Endorsement of Forest Certification (PEFC) forest management certificate in South Africa.
Company's commitment to minimizing carbon footprint continues with national partnership.

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