Sappi - DWP and Specialty fuel current and future growth
Sappi, the South African papermaker, released good 2Q16/17 results. Yoy sales were up 2% to $1.3bn and EBITDA was up 7% to $208m, or a good 15.8% margin. There were...Sappi is a holding company, engaged in providing dissolving wood pulp, paper pulp and paper-based solutions. Co.'s dissolving wood pulp products are used by converters to create viscose fiber for clothing and textiles, acetate tow, pharmaceutical products, as well as a range of consumer products. Co.'s paper products includes: coated fine papers used in the production of books, brochures, magazines, catalogues, direct mail and many other print applications; casting release papers used for fashion, textiles, automobile and household industries; and in the Southern African region newsprint, uncoated graphic and business papers and premium quality packaging papers and tissue products.
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