The company cited continued macroeconomic pressures, subdued consumer confidence and persistent overcapacity for theresults.
European paper manufacturer targets flexible packaging with recyclable mono-material offering.
The achievement demonstrates its comprehensive disclosure, mature environmental governance and meaningful progress towards environmental resilience.
The agreement creates a multi-billion joint venture.
Sappi’s South African operations delivered revenue of R26.18 billion.
Alfeld Mill will focus on specialty and high-barrier papers. Deliveries to customers will continue without disruption
The solutions offer a paper-based alternative to plastic and multilayer foils, ready for today’s fast-paced manufacturing lines.
Sappi remains confident that this transaction is in the best interests of all stakeholders.
If implemented, the restructure may impact up to 200 jobs at the mill.
The OTCQX listing offers a direct opportunity to increase that global footprint, particularly in the U.S. market.