Sappi
Template:Short description Template:For Template:Distinguish Template:Use dmy dates Template:Use South African English {{#invoke:Infobox|infobox}}Template:Template otherTemplate:Main other{{#invoke:Check for clobbered parameters|check|nested=1|template=Infobox company|cat=Template:Main other|name; company_name|logo; company_logo|logo_alt; alt|trade_name; trading_name|former_names; former_name|type; company_type|predecessors; predecessor|successors; successor|foundation; founded|founders; founder|defunct; dissolved|hq_location; location|hq_location_city; location_city|hq_location_country; location_country|num_locations; locations|areas_served; area_served|net_income; profit|net_income_year; profit_year|owners; owner |homepage; website }}{{#invoke:Check for unknown parameters|check|unknown=Template:Main other|preview=Page using Template:Infobox company with unknown parameter "_VALUE_" | ignoreblank=y | alt | area_served | areas_served | assets | assets_year | aum | brands | company_logo | company_name | company_type | defunct | dissolved | divisions | embed | equity | equity_year | fate | footnotes | former_name | former_names | foundation | founded | founder | founders | genre | homepage | hq_location | hq_location_city | hq_location_country | incorporated | image | image_alt | image_caption | image_size | image_upright | income_year | industry | ISIN | key_people | location | location_city | location_country | locations | logo | logo_alt | logo_caption | logo_class | logo_size | logo_upright | members | members_year | module | name | native_name | native_name_lang | net_income | net_income_year | num_employees | num_employees_year | num_locations | num_locations_year | operating_income | owner | owners | parent | predecessor | predecessors | production | production_year | products | profit | profit_year | rating | ratio | revenue | revenue_year | romanized_name | services | subsid | successor | successors | traded_as | trade_name | trading_name | type | website| qid | fetchwikidata | suppressfields | noicon | nocat | demo | categories }} 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.<ref name="sappi2">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>Template:Cite book</ref>
Products and operationEdit
South African Pulp and Paper Industries Limited was founded in 1936.<ref>Template:Cite news</ref> The company is now known as Sappi and is headquartered in Johannesburg,<ref name="sappi1">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> It produces and sells commodity paper products, pulp, dissolving pulp, and forest and timber products for Southern Africa and export markets.<ref>Hermann Simon mentioned this company in his correspondent Book as an example of a "Hidden Champion" (Simon, Hermann: Hidden Champions of the 21st Century : Success Strategies of unknown World Market Leaders. London: Springer, 2009.- Template:ISBN.)</ref> In 2013, it was the world's largest producer of dissolving pulp.<ref>Template:Cite news</ref>
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.<ref>Template:Cite press release</ref>
As of 1 July 2014, Steve Binnie became Sappi's CEO.<ref>Template:Cite news</ref> His predecessor, Ralph Boettger, resigned for health reasons having been CEO from 2007.<ref>Template:Cite news</ref>
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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Global acquisitions and closuresEdit
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 (Kymmini Oy, Blackburn Mill and Wolvercote Mill) they had made in the UK.<ref>Template:Cite news</ref>
On 29 September 2008, Sappi purchased two paper mills in Finland, one in Switzerland and one in Germany from the M-real company.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> In the United States, Sappi closed its Muskegon, Michigan plant in 2009, which was founded in 1899 by the Central Paper Company.<ref>Template:Cite news</ref> In 2011 Sappi announced closure of their Swiss production site.<ref>Template:Cite news</ref> The company's existing kraft pulp plant in Cloquet, Minnesota was replaced by a new mill which began producing dissolving pulp in June 2013.<ref>Template:Cite news</ref>
Price fixing controversyEdit
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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
See alsoEdit
- S. D. Warren Paper Mill: A Sappi facility in Westbrook, Maine, United States