Sappi to mothball paper machine in South Africa

JOHANNESBURG Fri Oct 12, 2012 5:50am EDT

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JOHANNESBURG Oct 12 (Reuters) - Paper maker Sappi said on Friday it will mothball a paper machine at its unprofitable Tugela mill in South Africa from Jan. 1 next year.

The company said in a statement that it would restart the machine when market conditions improve. It has sufficient capacity to meet local containerboard requirements, it added. (Reporting by Olivia Kumwenda; Editing by Agnieszka Flak)

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