• Fin24's biz quiz

    Test your business news in 30 seconds with this Fin24 quiz.

  • Inside Labour

    Brexit should send warning signals to worker organisations everywhere, says Terry Bell.

  • Racial redress

    The next adult generation is at risk of being polarised on the basis of skin colour, says Solly Moeng.

All data is delayed
Loading...
See More

Sappi to retool mill for coated paper

Sep 25 2012 09:38
Reuters

Company Data

SAPPI LIMITED [JSE:SAP]

Last traded 69
Change 0
% Change 1
Cumulative volume 1679718
Market cap 0

Last Updated: 01-07-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Sappi third-quarter loss widens

Sappi puts debt cut before investment

Sappi bumps up second-quarter profit

Solidarity: Sappi retrenchments halved

Sappi earnings tick up, sees better Q2

Sappi prices $700m notes offering

 

Johannesburg - Paper maker Sappi [JSE:SAP] said on Tuesday it would retool its Alfeld Mill in Germany to focus exclusively on the fast-growing market for one-sided coated paper used for packaging and labels.

The company said in a statement it saw strong growth and improved margins in the market and the project would take 12 months.

It did not provide a cost estimate but said the mill would become the world’s largest and lowest-cost producer of such paper.


* Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.



 
sappi

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Labour’s call for a cap on salary of high earners is?

Previous results · Suggest a vote

Loading...