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Sappi restarts PM2 at Stockstadt mill in Germany

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Sappi's Stockstadt Paper Machine 2 (PM2) in Germany, which was damaged by a fire on December 20, 2009, has started to produce coated fine paper again. The mill is now testing the production of different new paper qualities. Stockstadt mill produces 200,000 tonnes of uncoated fine paper annually and 230,000 tonnes of coated fine paper. The mill also has an...

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...

Sappi successfully concludes its acquisition of M-real's coated graphic paper business

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Sappi Limited, the leading producer of coated fine paper and chemical cellulose, announced that it had completed the acquisition of the coated graphic paper business of M- real, a Finnish board and paper manufacturer, for Euro 750 million ($1.1 billion), subject to purchase price adjustments for net debt and working capital. M-real's coated graphic paper business (other than in respect...