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Sappi Limited announced this week their plans to invest $165 million at their Somerset mill site in Skowhegan.
Specialities Range of projects launched for period 2017 to 2019 including: - Expanded lightweight packaging and speciality paper capacity at Alfeld Mill - Conversion of Maastricht Mill to produce high quality solid bleached board - Transition Lanaken Mill PM8 over three years to support coated woodfree business
February 8-9, 2017 - Portland, Oregon, USA
Sappi Limited Announces $165 million Paper Machine Rebuild at its Somerset Mill in Skowhegan, Maine.
Commenting on the result, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with our solid operating performance for this quarter. Group profit increased by 20% and EBITDA by almost 15%.”
February 7-9, 2017 - Bad Salzufen, Germany
Sappi Europe to increase prices for its European coated and uncoated fine papers
MathJennekens_Chemelot Papierfabrikant Sappi op de Brightlands Chemelot Campus in Sittard-Geleen neemt nog deze maand een proeffabriek in gebruik voor de productie van nano-cellulose. Voor Math Jennekens, directeur R&D en geboren Geleendenaar, een droom die uitkomt. “Dit is het materiaal van de toekomst.”
Sappi to increase capital expenditure
Sappi to increase capital expenditure Pulp and paper company Sappi has said that it was planning to increase its dissolving wood capacity by more than 30 percent in the next four years to extract maximum value from the wood fibre value chain.
Steve Binnie JSE
Steve Binnie JSE When a company’s CEO is given the honour of blowing the metre-long kudu antelope horn at the Johannesburg Stock Exchange (JSE), it not only signals the ritual opening of the local financial market. It also marks the celebration of success – in this case, Sappi’s re-entry to the JSE Top 40 Index, as well as our 80th year of being listed on the JSE.