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Sappi reports fiscal Q2 profit of US$29M, down 58% year-over-year from US$69M, as sales drop 6% to US$1.35B; group delivered EBITDA of US$183M, 10% above the prior year, primarily due to improvement from the pulp segment and significant costs savings
Published: May 09, 2024 by Sappi Ltd.
Sappi Southern Africa signs 175GWh/year renewable energy PPA with Enpower Trading for multiple South African operations, which will reduce Scope 1, 2 emissions by 6% and 4%, respectively; power will come from SolarAfrica Energy's Sun Central PV project
Published: May 07, 2024 by Sappi Ltd.
Sappi's US$418M project at Somerset Mill in Skowhegan, Maine, is moving forward on schedule, with the converted, expanded PM 2 set to open in early 2025; Project Elevate will convert PM 2 to SBS paperboard from coated woodfree paper
Published: May 03, 2024 by Industry Intelligence Inc.
Sappi North America announces a notable win from the Hermes Creative Awards for its Power of Trees campaign, receiving a Gold Award in the Video TV Ad category
Published: May 02, 2024 by 3BL Media
Sappi Europe to raise prices for its packaging and speciality paper products, effective on deliveries from June 2024; flexible packaging prices will increase by 15%, release liner (CCK and glassine) by 15% and label papers by 10%
Published: April 30, 2024 by Sappi Ltd.

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