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Sappi Ltd (SAPJ.J)

SAPJ.J on Johannesburg Stock Exchange

4,491.00ZAc
16 Aug 2019
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Thu, Aug 1 2019

South Africa's Sappi buys Canadian paper mill, third-quarter profit falls

JOHANNESBURG South African paper and pulp maker Sappi said on Thursday its Canadian division was buying Matane hardwood pulp mill in Canada to increase pulp integration and cut costs after reporting a 84% decline in profit for the third quarter.

Pulp helps paper maker Stora Enso Q1 profits

HELSINKI, April 25 Finnish paper firm Stora Enso reported higher-than-expected first quarter profit on Thursday helped by its pulp division.

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