Dual-listed Mondi’s record financial performance during the year ended December 31 reflected the consequences of the company’s strategy of supporting and investing in low-cost assets, with... 

Dual-listed Mondi on Wednesday announced that it expected headline earnings a share for the year ended December 31 of between €0.88 and €0.93 as opposed to €0.629 during the prior year. Basic... 

Sappi CFO Steve Binnie will succeed Ralph Boettger as CEO of pulp and paper producer Sappi later this year, the paper company said on Monday. Boettger resigned after seven years as CEO and director... 

Global pulp and paper company Sappi announced on Wednesday that its CEO of almost seven years, Ralph Boëttger, would be relinquishing his position as CEO and director on June 30 as he had been... 

Paper and packaging group Sappi continued efforts to reposition itself as a profitable business in a market with lower demand after reporting lower earnings for the year ended September. Sappi,... 

Improved market conditions in the packaging and South African businesses, as well as the emerging benefits of last year’s acquistions, had offset the impact of the planned third-quarter shutdowns... 

The existing tender process for the awarding of construction contracts in the affordable housing and social housing sectors requires extensive reform to mitigate the prevalence of substandard work... 

Paper and packaging group Sappi’s delisting of its American depository shares from the New York Stock Exchange was finalised on Monday. The company’s American depository receipts (ADRs) will now be... 

A good early harvest of yellow maize in the eastern parts of South Africa did not remove the sting from poor performances in a difficult poultry industry, says JSE-listed agricultural services and... 

South Africa-based paper and packaging group Sappi on Monday announced its intention to voluntary delist from the NYSE, citing low trading volumes of its shares, as well as high costs and... 

Forestry and forest products group York Timbers on Friday said its headline earnings a share (Heps) for the 2013 financial year would be between 19% and 24% lower than that recorded in the previous... 

Voith Paper a division German engineering company Voith of has announced that it now offers complete pulp-drying machines, from headbox to the cross cutter and bale packing, with new vertical... 

Thebe Investment Corporation has bought a 70% stake in Realite Trimrite, a supplier of timber-based support products to South Africa’s deep-level mining industry. The group acquired the stake... 

International packaging and paper group Mondi has reported strong performance in its South Africa division, which achieved an underlying operating profit of €44-million in the six months ended... 

JSE-listed York Timbers has announced the appointment of chartered accountant and chartered management accountant Pieter van Buuren as CFO, with effect from October 1.  He would replace acting CFO... 

JSE-listed paper, pulp and packaging group Sappi’s Southern African arm recorded an operating profit, excluding special items, of R183-million for the third quarter ending June, down from an... 

The Competition Commission has unconditionally approved the sale of Iliad Africa’s wholesale timber business to York Timbers for R45.5-million, following a decision by the building materials... 

Paper, pulp and packaging group Sappi will sell its Usutu Forest Products subsidiary to timber products provider Montigny Investments for R1-billion in cash. The proceeds from the sale of Usutu,... 

South Africa’s agriculture sector faces a number of serious challenges and constraints. The spatial-zoning policies enforced before and during apartheid resulted in the extreme marginalisation of... 

International packaging and paper group Mondi has appointed Fred Phaswana as joint chairperson with effect from June 1. Phaswana, who was currently chairperson of Standard Bank Group, Standard Bank... 

A biomass-to-energy plant is being built to convert sugarcane waste to ‘green charcoal’, which will provide additional revenue for small-scale farmers in Nkomazi, Mpumalanga, says consulting... 

Forestry and forest products group York Timbers is hoping to break ground early next year on its R1.5-billion site integration project at its Sabie facilities, in Mpumalanga, once it receives a... 

JSE-listed paper, pulp and packaging group Sappi recorded a 68% drop in operating profit for the second quarter of the year to $40-million, down from $125-million in the 2012 equivalent period,... 

JSE- and LSE-listed packaging and paper group Mondi recorded a 35% year-on-year increase in underlying operating profit to €162-million during the first quarter of 2013, in line with its... 

The Nelspruit Magistrate's Court has granted forestry company York Timbers leave to appeal against a confiscation order. The court granted a confiscation order of R450 000 in April, after York... 

Global paper and dissolving wood pulp producer Sappi recently replaced the pulp dryer at its Ngodwana mill, in Mpumalanga, after its old dryer had reached the end of its economic life. 

Sappi Southern Africa will, on April 16, issue senior unsecured rate notes worth some R1.5-billion under its 2011 R5-billion domestic medium-term note programme. The total notes will comprise... 

JSE-listed York Timbers has been ordered to pay R450 000, plus interest, in a confiscation order granted to the Department of Environmental Affairs (DEA) by the Nelspruit Regional Court. The DEA on... 

Despite a softening market, industrial action at the Komatiland Forests (KLF) operations, a fire and rising operational costs, forestry and forest products group York Timbers' headline earnings a... 

As the worldwide recession subsides, the South African paper and pulp industry has settled, with some grades of sustainably produced pulp, packaging and tissue paper showing slight growth in demand. 

A key focus for JSE-listed paper, pulp and packaging group Sappi this year is to return its Southern African business to profitability by implementing various interventions aimed at repositioning... 

Packaging and paper manufacturer Mpact’s earnings a share saw a substantial rise to 188.5c for the year ended December 31, 2012, up from 54.9c in 2011. This increase, which was accompanied by a... 

JSE-listed Mondi Group would continue the integration and optimisation of its latest acquisitions as the group shifted its portfolio to exposure to higher-growth products. The group injected... 

Paper and packaging group Sappi’s $340m-million GoCell specialised cellulose (SC) expansion project at its Ngodwana Mill, in Mpumalanga, is on track for commissioning by mid-2013 to grow its SC... 

JSE-listed Mondi Group expected its underlying operating profit for the fourth quarter ended December 31, 2012, to be above that of the €135-million operating profit recorded in the third quarter...