Sappi

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South African pulp and paper company

title: "Sappi" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["manufacturing-companies-based-in-johannesburg", "manufacturing-companies-of-south-africa", "manufacturing-companies-established-in-1936", "companies-listed-on-the-johannesburg-stock-exchange", "companies-based-in-johannesburg", "economy-of-johannesburg", "companies-formerly-listed-on-the-new-york-stock-exchange", "pulp-and-paper-companies-of-south-africa", "pulp-and-paper-companies", "south-african-brands", "multinational-companies", "publicly-traded-companies", "1936-establishments", "1936-establishments-in-south-africa", "renewable-resource-companies-established-in-1936", "companies-established-in-1936", "companies-of-south-africa"] description: "South African pulp and paper company" topic_path: "geography/south-africa" source: "https://en.wikipedia.org/wiki/Sappi" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary South African pulp and paper company ::

::data[format=table title="Infobox company"]

FieldValue
nameSappi Limited
logoLogo of Sappi Limited (company).svg
logo_size160px
typePublic
traded_as
foundation1936
locationJohannesburg, South Africa
key_peopleSir Nigel Rudd (Chairman)
Stephen (Steve) Robert Binnie (CEO)
Glen Thomas Pearce (CFO)
productsPaper, pulp
revenueUS$5.809 billion (2023)
operating_incomeUS$432 million (2023)
net_incomeUS$210 million (2023)
assetsUS$3.53 billion (2023)
equityUS$2.44 billion (2023)
num_employees12,329 (2023)
homepagewww.sappi.com
::

| name = Sappi Limited | logo = Logo of Sappi Limited (company).svg | logo_size = 160px | type = Public | traded_as = | foundation = 1936 | location = Johannesburg, South Africa | key_people = Sir Nigel Rudd (Chairman) Stephen (Steve) Robert Binnie (CEO) Glen Thomas Pearce (CFO) | products = Paper, pulp | revenue = US$5.809 billion (2023) | operating_income = US$432 million (2023) | net_income = US$210 million (2023) | assets = US$3.53 billion (2023) | equity = US$2.44 billion (2023) | num_employees = 12,329 (2023) | homepage = www.sappi.com 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.

Products and operation

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

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.

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

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.

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.

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

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.

References

References

  1. "2023 Sappi Group Annual Financial Statements".
  2. "2023 Sappi Group Annual Financial Statements".
  3. "2023 Sappi Group Annual Financial Statements".
  4. "2023 Sappi Group Annual Financial Statements".
  5. "2023 Sappi Group Annual Financial Statements".
  6. "2023 Sappi Group Annual Financial Statements".
  7. "Sappi Limited". answers.com.
  8. Walker, Clive. (1 October 2013). "Baobab Trails: A Journey of Wilderness and Wanderings". Jacana Media.
  9. Riverbed Technology. (October 2011). "Sappi: Riverbed Technology Enables Paper and Pulp Company to Monitor Applications and Improve Efficiency and Performance". [[TechRepublic]].
  10. "Group profile". Sappi.com.
  11. "Group structure". Sappi.com.
  12. [[Hermann Simon (manager). Hermann Simon]] mentioned this company in his correspondent Book as an example of a "[[Hidden Champions. Hidden Champion]]" (Simon, Hermann: Hidden Champions of the 21st Century : Success Strategies of unknown World Market Leaders. London: Springer, 2009.- {{ISBN. 978-0-387-98147-5.)
  13. (October 2013). "More hardwood required as Sappi shifts to dissolving pulp". SA Forestry Magazine.
  14. "New CEO of Sappi's Forest Products Division and Managing Director of Sappi Forests Announced".
  15. Bhuckory, Kamlesh. (10 February 2014). "Sappi Appoints CFO Steve Binnie as CEO to Oversee Pulp Strategy". Bloomberg.
  16. (15 January 2014). "Sappi CEO resigns due to ill health". [[The Citizen (South Africa).
  17. GmbH, finanzen net. "Sappi appoints Mike Haws as President and Chief Executive Officer of its North American operations {{!}} Markets Insider".
  18. (10 May 2006). "Sappi to close down its loss-making Nash mill". Print Week.
  19. "Article by Helsingin Sanomat.".
  20. "Europe's leading producer of fresh fibre paperboards".
  21. Alexander, Dave. (28 August 2009). "Sappi Fine Paper mill closing permanently, eliminating 190 jobs". MLive.
  22. (20 July 2011). "Keinen Käufer für Papierfabrik in Biberist gefunden". Neue Zürcher Zeitung.
  23. PPI. (1 August 2014). "Conversion boosts Sappi Cloquet mill growth strategy".
  24. (20 December 2001). "Commission fines ten companies for carbonless paper cartel". European Commission.

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manufacturing-companies-based-in-johannesburgmanufacturing-companies-of-south-africamanufacturing-companies-established-in-1936companies-listed-on-the-johannesburg-stock-exchangecompanies-based-in-johannesburgeconomy-of-johannesburgcompanies-formerly-listed-on-the-new-york-stock-exchangepulp-and-paper-companies-of-south-africapulp-and-paper-companiessouth-african-brandsmultinational-companiespublicly-traded-companies1936-establishments1936-establishments-in-south-africarenewable-resource-companies-established-in-1936companies-established-in-1936companies-of-south-africa