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Sappi to Shut Swaziland Mill

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Sappi will close its Usutu pulp mill in Swaziland and reorganize its forestry assets in the country in response to falling demand and fire damage. The combination of “adverse market conditions” and cumulative damage since an August 2008 fire that destroyed 40 percent of Usutu's timber crop has meant the Usutu mill is no longer sustainable, the Johannesburg-based company said...