Europe

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EU
Q4-FY23-Feature-image.jpg
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.
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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.
Sappi recycling lab
Recognising the importance of recyclability for the circular economy, Sappi has established a recyclability testing laboratory within its R&D Department.

One side double coated wet-strength paper for wet glue label application, such as returnable beverage bottles.

Sappi Europe will increase prices for its Packaging & Speciality products by 5-8% effective on deliveries from 1 April 2024.
Q1-FY24-Feature-image.jpg
Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Within the context of ongoing challenging global macroeconomic conditions and weak paper markets I am pleased that the group delivered EBITDA of US$156 million, which was in line with guidance provided in the prior quarter.”

One side single coated gloss paper with sealable coating on the reverse side. Designed for standard flexible packaging in the food and non-food markets, which requires heat sealing properties (primary and secondary packaging).

One side single coated paper with barrier coating on reverse side (mild grease resistance). Designed for twisting applications, such as confectionary and sticky sweets/chocolate wrappers. 

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