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Issue date: 
10th August 2010

Mondi reports interim profit, sees strong second half

A strong performance for its Europe & International division and improving conditions in its South Africa division have led to paper and packaging group Mondi reporting interim headline earnings a share of €0,24 a share.

This compared to a headline loss a share of €0,01 a share in the six months ended June 30, 2009.

Profit from continuing operations rose to €135-million in the six months ended June 30, 2010, compared with a loss of €24-million the year before.

Issue date: 
15th July 2010

Sappi combines Southern African paper and packaging businesses

JSE-listed Sappi announced on Thursday that its Southern African unit would consolidate its paper and paper packaging businesses to strengthen its ability to meet customer requirements and to develop new business opportunities.

Sappi Fine Paper South Africa and Sappi Kraft would merge to become Sappi Paper and Paper Packaging South Africa, with Sappi Southern Africa CEO Jan Labuschagne to assume direct responsibility for this new division.

Issue date: 
6th May 2010

Mondi to boost SA unit’s pulp exports to Europe

Paper and pulp manufacturer Mondi plans to increase its South African business' primary exports of pulp to Europe and to ultimately shift the unit's focus away from paper exports to that market, it said on Thursday.

Issue date: 
20th April 2010

Sappi Forests buys 14 500-ha plantation from Mondi

Paper and pulp manufacturer Sappi Forests said on Tuesday that it had extended its plantation holdings in South Africa with the purchase of the Sjonajona plantation in the Mpumalanga province from Mondi.


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by Dr. Radut