Sappi
latest news & developmentsBusinesses count the cost of devastating KwaZulu-Natal floods
Companies are having to deal with operational and supply-chain disruptions that come less than nine months after the riots in July.
Pledges worth R134bn committed at investment conference
The inaugural investment conference has brought promises of funding to the tune of billions to strengthen the economy
Twitchers can tick off superb field guide lifers
From the detailed ‘Roberts’ to ‘Newman’s’ perfect illustrations, birders are spoilt for choice.
Does our thirsty forestry industry need a radical rethink about use of resources?
Using 98% of a tree — instead of the 48% of used today — will dramatically change the industry.
Firefighters grounded in risky season
Fire season is upon Mpumalanga and its forestry industry, but several key firefighting aircraft remain grounded.
Sappi sees return to full-year profit
Cost cuts and a focus shift to higher margin products has put the pulp and paper producer on track to performing better than it has in five years.
Sappi targets new dividends after tackling R25-billion debt
The world’s biggest glossy paper manufacturer plans to push down its hefty debt burden and then resume paying dividends.
Sappi swings full-year loss on weak demand in Europe
After losing millions this year, the paper maker plans to shut down part of its European operations over the next three years.
Sappi to sell Swaziland forest for R1-billion to cut debt
The world’s largest maker of glossy paper will sell 67 000 hectares of forest in Swaziland for R1-billion in order to finance debt.
Sappi scores on cellulose demand
The forestry giant has expanded aggressively to make itself the world market leader.
Solidarity confirms further layoffs at Sappi
Trade union Solidarity confirmed having received four section 189 layoff notifications from Sappi, which affects about 959 employees.
Sappi job security on the line with restructuring
Paper group Sappi says the ongoing restructuring within its South African operations might include retrenchments at some of its production plants.
Sappi to rejig business, slash jobs
Paper maker Sappi says it will be cutting jobs and restructuring its operations to rein in costs and focus on higher margin businesses.
Sappi shuts down Swiss mill
South African paper maker Sappi said on Wednesday it would close its entire Biberist Mill in Switzerland after failing to find a buyer.
Sappi to close PE mill
Sappi has started consulting labour about closing down its Adamas Mill in Port Elizabeth, the paper and packaging company said on Monday.