The persistent global economic downturn is proving to be much tougher than anticipated with depressed markets, geopolitical instability and weak economic growth combining to put significant pressure on Sappi, particularly in Europe.
Sappi first quarter results ahead of expectations; up 56% year-on-year
Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Despite continued challenging global macroeconomic conditions and weak paper markets I am pleased that the group delivered Adjusted EBITDA of US$203 million, which was ahead of expectations and substantially above last year.”
Sappi Gratkorn’s next step to increase the share of renewable energy
As part of Sappi Europe's full scale decarbonisation roadmap, Gratkorn mill is expanding the share of biomass to be used as an energy source, further driving the move away from fossil fuels as part of the mill’s contribution to the European roadmap.
We infuse McCoy paper with the highest-quality ingredients, including our own one-of-a-kind silk finish, to ensure long-lasting brightness and image integrity.
How can brands harness the power of touch and increase sales?
Want to make your customers buy something? Let them touch it. Joann Peck explores the world of conversion psychology, and what this latest weapon in the marketeer’s arsenal means for consumers
The African Honey Bee Project, partly funded by Sappi, is doing an excellent job in encouraging rural entrepreneurship, alleviating poverty, curbing fires and providing additional financial resources for local timber farmers.