Condra delivers for dissolving pulp plant
Condra has manufactured a service and maintenance crane for Saiccor Mill’s Feed Three pulp dryer line at Umkomaas, South Africa
Source: africanreview.com
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Saiccor Mill dissolving pulp facility completes the Higg FSLM verification
While the use of AI creates opportunities for retailers, the deployment of any AI tool in the South African retail context must be carefully scrutinised for compliance...
Source: bizcommunity.com
Condra delivers for dissolving pulp plant
Condra has manufactured a service and maintenance crane for Saiccor Mill’s Feed Three pulp dryer line at Umkomaas, South Africa
Source: africanreview.com
Sappi announces results for the third financial quarter 2023
Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the record profitability achieved last year, the group faced persistent challenges in the global economy and encountered ongoing weakness in paper and pulp markets. Specifically, the paper businesses experienced a significant downstream destocking cycle. Customers reduced their inventories in anticipation of lower prices, thereby affecting demand.
Source: pulpapernews.com
Sappi posts lower profit on the back of sluggish paper demand
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.
Source: engineeringnews.co.za