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.
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