Southern Africa

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the records achieved in FY2022, I am pleased that we have been able to deliver a satisfactory set of results under particularly difficult circumstances with an EBITDA excluding special items of US$731 million for the year ended September 2023.”

Sappi Limited announced today that it has concluded an agreement with AURELIUS Investment Lux One S.à.r.l. (“AURELIUS”) regarding the divesture of its Maastricht Mill in the Netherlands, its Stockstadt Mill in Germany and its Kirkniemi Mill in Finland (the “Transaction”).

With the increased global push for environmentally friendly and sustainable paper-based packaging solutions, Sappi has made great strides in developing breakthrough proprietary barrier technology to offer new opportunities to satisfy this need.

Sappi Limited, a leading global producer of dissolving pulp, speciality and packaging papers, graphic paper and biomaterials, today announced that it had signed an agreement to acquire the 270,000 tons per year Matane high yield hardwood pulp mill from Rayonier Advanced Materials for US$175 million.

Sappi, a leading diversified woodfibre company, has published an informational document on its website with further information about the Company and its consolidated subsidiaries (the “Sappi Group”). The Information is available as of today at the following address: https://www.sappi.com/.

Sappi today announced the offering of €300 million aggregate principal amount of senior notes due 2032, in an offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended (the “Securities Act”).

An ability to visualise, design, and craft furniture is a talent that a young man in the Hlokozi area in KwaZulu-Natal has been honing into a meticulous craft over several years.

The streets of Pretoria were buzzing with energy on Saturday, 15 February, as more than 4 000 runners and walkers of all levels took on the Sappi TuksRace – some chasing personal bests while others simply soaking in the vibrant atmosphere.

Sappi and Enpower Trading reach Financial Close on South Africa’s largest private five-year electricity Power Purchasing Agreement for power sourced from SunCentral.

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Despite continued challenging global macroeconomic conditions and weak paper markets I am pleased that the group delivered Adjusted EBITDA of US$203 million, which was ahead of expectations and substantially above last year.”