Ngodwana Mill News Today

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Within the context of ongoing challenging global macroeconomic conditions and weak paper markets I am pleased that the group delivered EBITDA of US$156 million, which was in line with guidance provided in the prior quarter.”

JOHANNESBURG--(BUSINESS WIRE)--Feb 7, 2024--

Sappi says weather conditions worsen the cooking process odour at mill.

Pulp and paper group Sappi has reported a dip in profit to $69-million in the quarter ended March 31, compared with the profit of $188-million reported for the quarter ended March 31, 2022. CEO Steve Binnie attributes the lower profit to the group having to curtail production at its European and North American operations to match sluggish market demand for paper and prevent excess inventory accumulation.

Black Management Forum (BMF) leader, Loyiso Ngqwemla, has co-founded the TooMuch Foundation...

Our lackadaisical approach to climate change is perplexing because we are in the eye of the storm, writes Mapi Mhlangu.

In its 60th edition, the D&AD Annual sees the introduction of 20 individual creative rankings...

The South African cabinet announced changes to Adjusted Alert Level 1 on 31 January 2022, effective immediately...

The 131-room voco The Bank Johannesburg has opened it doors and becomes the brands newest and only African hotel...

Online Share Trading for beginners and professional traders. You have a choice to manage your own portfolio or you can choose to have us manage it for you.