Global

Code
TR
In an effort to address prevalent supply chain uncertainties and to maintain the commercial viability of its Graphic Paper business, Sappi Europe will keep prices for its Woodfree Coated Paper grades stable at today’s level for the remainder of 2023.
Q3-FY23-Feature-image.jpg
Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the record profitability achieved last year, the group faced persistent challenges in the global economy and encountered ongoing weakness in paper and pulp markets. Specifically, the paper businesses experienced a significant downstream destocking cycle.”
Sappi Gratkorn’s next step to increase the share of renewable energy
As part of Sappi Europe's full scale decarbonisation roadmap, Gratkorn mill is expanding the share of biomass to be used as an energy source, further driving the move away from fossil fuels as part of the mill’s contribution to the European roadmap.
Learn more and register at https://join.webinar.net/AoeG8198g4z.
Q2-FY23-Feature-image.jpg
Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the record profitability achieved last year, the group faced a severe downstream inventory destocking cycle. This led to production curtailment in both the European and North American regions to match the sluggish market demand and to prevent excess inventory accumulation.”
Sappi will showcase Arrio Saffron and a six-pack of decorative laminate textures.
Trust, but verify. This is the value of third-party assessments including the annual review undertaken by EcoVadis.
SSA-PL-T-2023-Earth-Day.jpg
22 April 2023 – Today, Sappi joins the world in celebrating Mother Earth Day and in reflecting on our investment in nature.
Sappi Limited announced today that the intended sale to Aurelius Group of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany and its Kirkniemi Mill in Finland (the “Transaction”) has not materialised within the agreed timeframe of the contractual agreement and therefore the agreement has lapsed.
Q1-FY23-Feature-image.jpg
Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with another strong performance from the Group which was well above pre-Covid levels and the best ever first quarter results. EBITDA of US$290 million was 21% above the prior year and in line with guidance provided in the previous quarter. The positive results were underpinned by year-on-year pricing gains for paper products which offset cost inflation, lower sales volumes and delivered an EBITDA margin of 17.5%.”

Pages