Sappi: Difference between revisions

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== Global acquisitions and closures ==
== Global acquisitions and closures ==


In 1990, Sappi purchased the paper mills of UK [[Dickinson Robinson Group]] – Nash Mills, Keynsham Paper Mill and Fife Paper Mills from the [[Asset stripping|asset-stripper]] [[Roland Franklin]] (Pembridge Investments). These mills were subsequently closed by Sappi as were all other acquisitions (Kymmini Oy, Blackburn Mill and Wolvercote Mill) they had made in the UK.<ref>{{Cite news|url=https://www.printweek.com/content/news/sappi-to-close-down-its-loss-making-nash-mill/|title=Sappi to close down its loss-making Nash mill|date=10 May 2006|newspaper=Print Week|access-date=2 March 2024}}</ref>
In 1990, Sappi purchased the paper mills of UK [[Dickinson Robinson Group]] – Nash Mills, Keynsham Paper Mill and Fife Paper Mills from the [[Asset stripping|asset-stripper]] [[Roland Franklin]] (Pembridge Investments). These mills were subsequently closed by Sappi as were all other acquisitions (Kymmene Oy, Blackburn Mill and Wolvercote Mill) they had made in the UK.<ref>{{Cite news|url=https://www.printweek.com/content/news/sappi-to-close-down-its-loss-making-nash-mill/|title=Sappi to close down its loss-making Nash mill|date=10 May 2006|newspaper=Print Week|access-date=2 March 2024}}</ref>


On 29 September 2008, Sappi purchased two paper mills in [[Finland]], one in [[Switzerland]] and one in [[Germany]] from the [[M-real]] company.<ref>{{Cite web|url=http://www.hs.fi/english/article/M-real+sells+four+paper+mills+to+South+African+Sappi+Limited/1135239853838|title=Article by Helsingin Sanomat.|website=www.hs.fi/|accessdate=25 October 2023}}</ref><ref>{{Cite web|url=https://www.metsagroup.com/metsaboard/|title=Europe's leading producer of fresh fibre paperboards|website=www.metsagroup.com|accessdate=25 October 2023}}</ref> In the [[United States]], Sappi closed its [[Muskegon, Michigan]] plant in 2009, which was founded in 1899 by the Central Paper Company.<ref>{{cite news | url=http://www.mlive.com/news/muskegon/index.ssf/2009/08/sappi_fine_paper_mill_closing.html | title=Sappi Fine Paper mill closing permanently, eliminating 190 jobs | first=Dave | last=Alexander | date=28 August 2009 | publisher=MLive | accessdate=25 August 2014 }}</ref> In 2011 Sappi announced closure of their Swiss production site.<ref>{{cite news | last =  | first = | authorlink = | title =Keinen Käufer für Papierfabrik in Biberist gefunden | newspaper = Neue Zürcher Zeitung | date = 20 July 2011 | url = http://www.nzz.ch/aktuell/wirtschaft/uebersicht/keinen-kaeufer-fuer-papierfabrik-in-biberist-1.11526393 | format =  | doi = | accessdate = 19 April 2014 }}</ref> The company's existing kraft pulp plant in [[Cloquet, Minnesota]] was replaced by a new mill which began producing [[dissolving pulp]] in June 2013.<ref>{{cite news | url=http://ppimagazine.com/mills/north-america/projects/conversion-boosts-sappi-cloquet-mill-growth-strategy | title=Conversion boosts Sappi Cloquet mill growth strategy | date=1 August 2014 | author=PPI | accessdate=25 August 2014 }}</ref>
On 29 September 2008, Sappi purchased two paper mills in [[Finland]], one in [[Switzerland]] and one in [[Germany]] from the [[M-real]] company.<ref>{{Cite web|url=http://www.hs.fi/english/article/M-real+sells+four+paper+mills+to+South+African+Sappi+Limited/1135239853838|title=Article by Helsingin Sanomat.|website=www.hs.fi/|accessdate=25 October 2023}}</ref><ref>{{Cite web|url=https://www.metsagroup.com/metsaboard/|title=Europe's leading producer of fresh fibre paperboards|website=www.metsagroup.com|accessdate=25 October 2023}}</ref> In the [[United States]], Sappi closed its [[Muskegon, Michigan]] plant in 2009, which was founded in 1899 by the Central Paper Company.<ref>{{cite news | url=http://www.mlive.com/news/muskegon/index.ssf/2009/08/sappi_fine_paper_mill_closing.html | title=Sappi Fine Paper mill closing permanently, eliminating 190 jobs | first=Dave | last=Alexander | date=28 August 2009 | publisher=MLive | accessdate=25 August 2014 }}</ref> In 2011 Sappi announced closure of their Swiss production site.<ref>{{cite news | last =  | first = | authorlink = | title =Keinen Käufer für Papierfabrik in Biberist gefunden | newspaper = Neue Zürcher Zeitung | date = 20 July 2011 | url = http://www.nzz.ch/aktuell/wirtschaft/uebersicht/keinen-kaeufer-fuer-papierfabrik-in-biberist-1.11526393 | format =  | doi = | accessdate = 19 April 2014 }}</ref> The company's existing kraft pulp plant in [[Cloquet, Minnesota]] was replaced by a new mill which began producing [[dissolving pulp]] in June 2013.<ref>{{cite news | url=http://ppimagazine.com/mills/north-america/projects/conversion-boosts-sappi-cloquet-mill-growth-strategy | title=Conversion boosts Sappi Cloquet mill growth strategy | date=1 August 2014 | author=PPI | accessdate=25 August 2014 }}</ref>
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* {{Official|http://www.sappi.com/ }}
* {{Official|http://www.sappi.com/ }}
* [http://biz.yahoo.com/p/s/spp.html Yahoo.com company profile]
* [http://biz.yahoo.com/p/s/spp.html Yahoo.com company profile]
* [https://www.linkedin.com/company/sappi/ LinkedIn company profile]
* {{LinkedIn page|company/sappi}}
 
{{Witwatersrand companies}}
{{Witwatersrand companies}}
{{Authority control}}
{{Authority control}}

Latest revision as of 07:52, 8 September 2025

Template:Short description Script error: No such module "For". Script error: No such module "Distinguish". Template:Use dmy dates Template:Use South African English Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". Sappi Limited, originally incorporated as South African Pulp and Paper Industries Limited in 1936, is a South African pulp and paper company with global operations.[1][2]

Products and operation

South African Pulp and Paper Industries Limited was founded in 1936.[3] The company is now known as Sappi and is headquartered in Johannesburg,[4][5] It produces and sells commodity paper products, pulp, dissolving pulp, and forest and timber products for Southern Africa and export markets.[6] In 2013, it was the world's largest producer of dissolving pulp.[7]

In 2003, Sappi announced that Andre Wagenaar had been appointed as the CEO of Sappi's Forest Products Division, with effect from 1 January 2004, when Dr John Job relinquished his responsibilities for the Southern African businesses.[8]

As of 1 July 2014, Steve Binnie became Sappi's CEO.[9] His predecessor, Ralph Boettger, resigned for health reasons having been CEO from 2007.[10]

In July 2019, Michael G. Haws was appointed as president and CEO of Sappi North America, succeeding Mark Gardner who retired at the end of September 2019.[11]

Global acquisitions and closures

In 1990, Sappi purchased the paper mills of UK Dickinson Robinson Group – Nash Mills, Keynsham Paper Mill and Fife Paper Mills from the asset-stripper Roland Franklin (Pembridge Investments). These mills were subsequently closed by Sappi as were all other acquisitions (Kymmene Oy, Blackburn Mill and Wolvercote Mill) they had made in the UK.[12]

On 29 September 2008, Sappi purchased two paper mills in Finland, one in Switzerland and one in Germany from the M-real company.[13][14] In the United States, Sappi closed its Muskegon, Michigan plant in 2009, which was founded in 1899 by the Central Paper Company.[15] In 2011 Sappi announced closure of their Swiss production site.[16] The company's existing kraft pulp plant in Cloquet, Minnesota was replaced by a new mill which began producing dissolving pulp in June 2013.[17]

Price fixing controversy

In 1996, Sappi along other 10 main producers of carbonless paper was investigated by the European Commission for illegal price fixing in various countries in the EU. Although found guilty of earning millions by fixing the price of printing paper, Sappi was granted full immunity from the fine due to its cooperation with the EC's cartel investigating unit. Other companies implicated were fined a total of $145 million.[18]

See also

References

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  1. ↑ Script error: No such module "citation/CS1".
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  6. ↑ Hermann Simon mentioned this company in his correspondent Book as an example of a "Hidden Champion" (Simon, Hermann: Hidden Champions of the 21st Century : Success Strategies of unknown World Market Leaders. London: Springer, 2009.- Template:ISBN.)
  7. ↑ Script error: No such module "citation/CS1".
  8. ↑ Script error: No such module "citation/CS1".
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  14. ↑ Script error: No such module "citation/CS1".
  15. ↑ Script error: No such module "citation/CS1".
  16. ↑ Script error: No such module "citation/CS1".
  17. ↑ Script error: No such module "citation/CS1".
  18. ↑ Script error: No such module "citation/CS1".

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External links

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Template:Witwatersrand companies Template:Authority control

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