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 89
Change -2
% Change -2
Cumulative volume 924789
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Sappi third-quarter loss widens

 

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

NEXT ON FIN24X

Sasol profit plummets 21%

2017-07-25 11:10

 
 
 

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...

Savings Month

It's never too late to start saving. Visit our special issue and add your voice.
 

Money Clinic

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

Voting Booth

The proposal to nationalise SARB will

Previous results · Suggest a vote

Loading...