SAPPI


Also found in: Wikipedia.
AcronymDefinition
SAPPISouth African Pulp and Paper Industries
References in periodicals archive ?
The acquisition strengthens Sappi Europe's specialty and packaging papers footprint and skills; adds 160,000 tons of specialty paper to its capacity; increases Sappi's relevance in specialty papers, opening up new customers and markets to Sappi's existing products and generating economies of scale and synergies and adds EUR 183m (USD 215m) of sales and approximately EUR 20m (USD 24m) of EBITDA before taking into account synergies.
This acquisition further strengthens Sappi's speciality paper business in Europe and globally by combining Cham's strong brands and assets with Sappi 's global reach.
Valmet came up with a unique solution to 'swop' out the existing chipper with a new larger chipper by not requiring any major concrete works changes allowing for a short shut-down duration to install the new chipper, thus enabling minimal operation down time," says Ryno Eksteen, Senior Regional Project Manager at Sappi.
Sappi is the biggest producer of lignosulphonates from European and South African operations in the world.
Sappi has gained a lot of experience and special applications knowledge with silicone raw papers over the decades and now occupies a leading market position in Europe.
Sappi globally is one of the largest manufacturers of specialized cellulose in the world with capacity totaling over 1.
Algro Design superior paperboard from Sappi was chosenfor its bright white surface, construction from virgin fibres, and ability to withstand a wide range of special finishing processes.
production facility for Sappi to convert from paper pulp to dissolving pulp for viscose Increasing its total annual capacity from 800,000 to 1.
The approved plan also includes a USD13m project to upgrade the coated paper manufacturing at the Sappi Somerset Mill in Skowhegan, Maine.
6 April 2011 -- Citigroup (NYSE:C), Credit Agricole (EPA:ACA), JP Morgan (NYSE:JPM), KBC Bank NV, Royal Bank of Scotland (LON:RBS)and UniCredit (BIT:UCG) have book-run Sappi Papier Holding GmbH's private placement of USD350m (EUR245m) of debt, IFR, a Thomson Reuters service, reported.
The Sappi extraordinary shareholders' meeting will be held on 3 November 2008 to consider the transaction, after which Sappi's aim is to implement the planned rights offering.