Sappi Forests buys 14 500-ha plantation from MondiPaper 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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Mondi to boost SA unit’s pulp exports to EuropePaper 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.
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Sappi combines Southern African paper and packaging businessesJSE-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.
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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.
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Sappi Waste Paper becomes Sappi ReFibre Paper and packaging group Sappi has renamed its secondary fibre division, formerly known as Sappi Waste Paper, to Sappi ReFibre.
This formed part of the group’s commitment to sustainability and to recycle paper and reduce waste.
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Mondi transfers 258 ha to KZN community Paper and packaging group Mondi has concluded its ninth land restitution settlement, transferring 258 ha of its forestry land to members of the Mkhwanazi community, in Port Durnford, in KwaZulu-Natal.
The members of the community will gain ownership of the land through the Phalane Trust and plan to derive a sustainable income from the land, while simultaneously progressively developing their own businesses to operate along the forestry value chain.
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Minister commits to deliver on climate change targetsJohannesburg - South Africa plans to address the impact of climate change by reducing carbon emissions by at least 43 percent in the next decade while a series of strict measures will also be put in place to avert pollution by the country's mines.
This is contained in a delivery agreement document signed by Water and Environmental Affairs Minister Buyelwa Sonjica on Thursday. Several Cabinet ministers are also in line to sign agreements over the next few weeks that outline the government's 12 outcomes to improve performance and service delivery.
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Mondi and Sanbi team-up to protect biodiversityThe Gilboa nature reserve is the first
forestry property to be proclaimed a private nature reserve in KwaZulu-Natal (KZN) under the biodiversity steward-
ship mechanism.
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South Africa: Forestry & REDD Briefing Day: 27 January 2011
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Getting excited about biofuels in South Africa
BRUSSELS, Dez. 6, 2010 (RISI) - An important technical discovery from researchers connected with Stellenbosch University in South Africa has helped eliminate a critical step in the production of ethanol from ligno-cellulose.
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New research project investigate the best fast-growing tree species for planting in AfricaThe forest industry is important for the economic development of South Africa.
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Why does Mondi top WWF's global rating tool for paper companies?
BRUSSELS, Dez. 13, 2010 (RISI) - In part 1 of a two part series, Graeme Rodden, Executive Editor of Pulp & Paper International, examines why Mondi is at WWF's top of the tree when it comes to evironmental practice in pulp and paper.
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Mondi : Appointment of non-executive director
South Africa, Feb 23, 2011 - The Mondi Group is pleased to announce the appointment of Stephen Harris as an independent non-executive director with effect from 1 March 2011. He will replace Colin Matthews who will be stepping down at the conclusion of the Annual General Meetings on 5 May 2011.
Colin has been with the Mondi Group since its demerger from Anglo American plc in 2007.
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Mondi : Proposed Demerger of MPSA
South Africa, April 7, 2011 - Mondi Group today announced its intention to separate its interest in Mondi Packaging South Africa (MPSA) via a demerger whereby all the ordinary shares in MPSA held by Mondi Limited will be distributed to the Mondi Limited ordinary shareholders. MPSA would be listed under a new name on the securities exchange operated by the JSE Limited (JSE).
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MONDI Signs New €750 Million Revolving Credit Facility
South Africa, Apr 15, 2011 - Mondi is pleased to announce the signing of a new €750 million, 5-year revolving multicurrency credit facility to refinance its existing €1.55 billion credit facility that was due to mature in June 2012. This completes the refinancing of its €1.55 billion facility that was partially refinanced via Mondi’s inaugural €500 million 7 year Eurobond in March 2010.
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Sappi's Ngodwana Mill Near Nelspruit, South Africa, to add 210,000 tons of Chemical Cellulose Production During Expansion and Modernisation Project
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SAPPI Plans to Invest in Eastern Cape Community Forestry
JOHANNESBURG, SOUTH AFRICA, May 23, 2011- Sappi Southern Africa today announced that it had initiated a consultation process with staff and relevant Union representatives to cease operations at Adamas Mill in Port Elizabeth in response to difficult market conditions and sustained input costs increases.
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Mondi’s unbundled packaging unit Mpact to list in July
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Eastern Cape: New body protects our local forests
An enviromental organisation has been established in Port St Johns to assist communities in sustainable forest management.
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Mondi’s unbundled packaging unit makes JSE debut The listing of Mpact, previously called Mondi Packaging South Africa (MPSA), on the JSE would enable the packaging company to take further advantage of growth opportunities, CEO Bruce Strong said on Monday.
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Sappi Fine Paper Europe Announces Final Closure of Biberist Mill in SwitzerlandJOHANNESBURG, South Africa, Jul 20, 2011 - After an exhaustive search for possible purchasers for its Biberist mill in Switzerland, Sappi Fine Paper Europe has today announced that it has been unsuccessful in its attempts to find a suitable acquirer to allow continued operations and employment at the mill.
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Mondi to settle KZN land claims over the next two years, posts higher earnings Paper and packaging group Mondi aims to settle all its land restitution claims in KwaZulu-Natal over the next two years, with 33 claims still outstanding, CEO David Hathorn said on Thursday.
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Sappi says cogeneration a strong feature of cost reduction plan South African paper manufacturer Sappi is “aggressively” pursuing restructuring and cost reduction plans, with cogeneration featuring strongly, CEO Ralph Boëttger said on Thursday.
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Group to assess Mpumalanga biomass-to-energy potential Engineering, management and specialist technical services group Aurecon and sugar producer TSB Sugar have been contracted by the Mpumalanga Cane Growers Association to undertake a feasibility study to investigate boosting economic development in rural areas in Mpumalanga’s Nkomazi district using
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Country Is Hosting a Consultation and Capacity Building Workshop OnSouth Africa is hosting a consultation and capacity-building workshop under the auspices of the Convention on Biological Diversity, on reducing emissions from deforestation and forest degradation in developing countries (REDD+), with a focus on biodiversity safeguards.
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Metso to Supply Pulp Line for Production of Chemical Cellulose for Sappi's Ngodwana Mill in South AfricaFinland, Oct 20, 2011 - Metso will supply a new fiberline for chemical cellulose for Sappi's Ngodwana mill in South Africa. Start-up is scheduled for the first half of 2013. The value of the order will not be disclosed.
Metso's delivery will include the design and supply of the main equipment for the new fiberline, from cooking to bleaching. The batch cooking plant is to be designed according to the prehydrolysis process and TwinRoll wash presses will be used in all washing positions.
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Nedbank unit in forest deal Capital and Face the Future have signed a memorandum of understanding to jointly develop sustainable forestry projects in Africa.
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Trees are Themba Radebe’s life. In 2007 he realised a dream by buying a gum tree plantation after working for forestry and packaging company Mondi for almost 20 years.
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Bank enters sustainable forestry collaboration South African banking firm Nedbank Capital and public engagement project Face the Future have signed a pioneering memorandum of understanding (MoU) designed to facilitate collaboration between the two, with the intention of enabling them to jointly develop sustainable forestry projects in Africa.
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South Africa to introduce carbon tax(Reuters)- South Africa is looking to introduce a carbon tax next year to reduce harmful greenhouse gas emissions, although nearly two-thirds of emissions will be tax-exempt until 2020 to lessen the impact on industry, the treasury said on Wednesday.
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Industry bodies emphasise sustainability of SA forestry sector The domestic forestry and pulp and paper sectors do not have as negative an impact on the environment as many people might believe, industry bodies Forestry South Africa (Forestry SA) and the Paper Manufacturers Association of South Africa (Pamsa) emphasise.
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Safcol pins hopes on new business model to unlock R3bn project pipeline Stated-owned forestry company Safcol, which improved its financial performance in 2011/12 on the back of a recovery in lumber markets, expects to complete a review into its future role and structure by September, which could open the way for it to again invest in sawmilling and extend its Souther
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400 jobs on the line as Sappi mothballs paper machinePaper and packaging group Sappi has issued over 400 of its staff members with Section 189 notices regarding its decision to mothball the PM4 paper machine at its KwaZulu-Natal-based Tugela mill, from January 1.
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Sappi offloads Usutu subsidiary for R1bnPaper, pulp and packaging group Sappi will sell its Usutu Forest Products subsidiary to timber products provider Montigny Investments for R1-billion in cash.
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