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Sappi Says Allan Gray's Total Beneficial Interest In Co Increased To 15.0364%
Sappi Announces Proposed Acquisition Of Matane Mill From Rayonier Advanced Materials Group
Sappi Qtrly HEPS 2 U.S. Cents
Sappi Limited is a woodfiber company focused on providing graphic/printing papers, packaging and specialty papers, dissolving wood pulp (DWP), as well as products in adjacent fields, including nanocellulose and lignosulfonate. The Company's segments include North America, Europe and Southern Africa. Its range of graphic paper products is used by printers in the production of books, brochures, magazines, catalogues, direct mail and various other print applications; packaging and specialty papers are used in the manufacture of such products as soup sachets, carry bags, cosmetic and confectionery packaging, boxes for agricultural products for export, tissue wadding for household tissue products and casting release papers used by suppliers to the fashion, textiles, automobile and household industries, and DWP products are used around the world by converters to create viscose fiber for clothing and textiles, pharmaceutical products, as well as a range of consumer and household products.
Paper & Paper Products
108 Oxford Road
Non-Executive Independent Chairman of the Board
Stephen Robert Binnie
Chief Executive Officer, Executive Director
Glen Thomas Pearce
Chief Financial Officer, Executive Director
President, Chief Executive Officer - Sappi North America
Alexander van Coller Thiel
Chief Executive Officer - Sappi Southern Africa
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South African paper and pulp maker Sappi <SAPJ.J> said on Thursday its Canadian division was buying Matane hardwood pulp mill in Canada to increase pulp integration and cut costs after reporting a 84% decline in profit for the third quarter.
Finnish paper firm Stora Enso reported higher-than-expected first quarter profit on Thursday helped by its pulp division.
South African paper and pulp maker Sappi said on Thursday that its profit for the full year fell 4.4 percent as it ramped up investment to modernise plants and shift production to more profitable products.
South African paper and pulp maker Sappi said on Thursday that profit for the full year fell 4.4 percent as a firmer currency dampened profitability in South Africa.
South African pulp and paper maker Sappi reported on Wednesday a 30 percent drop in first-quarter profit due to charges and an extra week last year, while sales increased slightly.
South Africa's Sappi <SAPJ.J> has agreed to buy a specialty paper unit from Switzerland-based Cham Paper Group <CPGN.S> for 146.5 million Swiss francs ($149 million), the company said on Tuesday.
South Africa's Sappi has agreed to buy a speciality paper unit from Switzerland-based Cham Paper Group for 146.5 million Swiss francs ($149 million), the company said on Tuesday.
* EQS-ADHOC: CHAM PAPER GROUP SELLS ITS SPECIALITY PAPER BUSINESS TO SAPPI GROUP
* PROPOSED ACQUISITION BY SAPPI OF SPECIALITY PAPER BUSINESS OF CHAM PAPER GROUP HOLDING AG
South African pulp and paper maker Sappi will invest $305 million in North America and Europe to increase its packaging capacity, the firm said on Wednesday after releasing its first-quarter results.
* Q1 ebitda excluding special items us$201 million (q1 2016 us$175 million)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.