News and Events

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the record profitability achieved last year, the group faced a severe downstream inventory destocking cycle. This led to production curtailment in both the European and North American regions to match the sluggish market demand and to prevent excess inventory accumulation.”

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Within the context of subdued underlying market conditions due to the challenging macroeconomic environment I am pleased that the group delivered EBITDA of US$183 million, which was 10% above the prior year.”

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased the Group delivered EBITDA (earnings) more than 40% above the prior year at US$151 million.

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the record profitability achieved last year, the group faced persistent challenges in the global economy and encountered ongoing weakness in paper and pulp markets. Specifically, the paper businesses experienced a significant downstream destocking cycle.”

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following a strong last quarter, I am pleased we were able to exceed our expectations for the year with Adjusted EBITDA* of US$684 million for the year ended September 2024.

Sappi Southern Africa has pledged to invest R10.8 billion in the province over the next five years. This significant pledge was announced by SappiSA CEO Alex Thiel at the KZN Investment Conference

On 3 December that Marco Eikelenboom (53), previously Vice President Marketing & Sales, Graphic Papers at Sappi Europe, had been appointed as CEO of Sappi Europe as from 1 April 2021.

South Africa headquartered global pulp and paper group Sappi Limited is pleased to announce that it has been ranked 7th globally and is one of only four South African firms recognized in the 2024 list of World’s Top Companies for Women by Forbes Magazine and Statista.

Packaging paper manufacturer Sappi Europe offers the flexible packaging market’s most extensive portfolio of functional papers – with a focus on compelling alternatives to multi-layer material and plastic packaging

Championing the theme of ‘Cycling for a better climate’, a 75-strong team of keen riders from Ehingen Mill joined a total of 419 cyclists and 22 other teams who were cycling for the city of Ehingen/Donau

What makes the award even more significant for Sappi is the fact that it was awarded to the company during the 40th anniversary year of the Khulisa programme

With a second e-boiler, Sappi takes a further step towards sustainability and advancing decarbonisation