News and events - North America

Feature article
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Sappi second quarter beats expectations on the back of higher selling prices and sales volumes
14 May 2018
Commenting on the results, Sappi Chief Executive Officer Steve Binnie said: “I am very satisfied with our performance for this quarter as reflected by increased sales, EBITDA and net profit. I’m particularly pleased that all regions were able to deliver higher sales volumes despite the short-term impact of the expansion and conversion projects. We faced higher raw material costs, in particular pulp, for our paper businesses but were able to increase selling prices to offset most of this impact. The acquisition of the Cham speciality paper business was completed during the quarter and the integration into Sappi is moving ahead smoothly.”

Sappi to fund research on Artificial Intelligence and bringing carbon emissions to net zero in the paper and pulp industry as one of the founding partners of The Prince of Wales Global Sustainability Fellowship Programme

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From a single pulp and paper mill producing paper from straw in 1938, Sappi has evolved into a global provider of dissolving wood pulp, packaging and specialty papers, and graphic papers, as well as biomaterials and biochemicals.

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About Sappi North America
Our roots can be traced back as far as 1854. Today, headquartered in Boston, with three mills and over 2,100 employees, we continue that legacy of innovation and quality.
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