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Forest Products News
Small growers achieve certification
29th March 2024 Five small timber growers in KwaZulu-Natal in December became the first participants to achieve forest certification through the Programme for the Endorsement of Forest Certification (PEFC) Sappi Group Scheme for small growers. The growers were part of Sappi’s Khulisa programme. →
Sustainability trend creates opportunities for paper producers
29th March 2024 The pulp and paper manufacturing industry holds a meaningful position in the landscape of South Africa's industrial sector, says industry association Paper Manufacturers Association of South Africa (PAMSA). As the backbone of numerous sectors, “its vitality is paramount to South Africa’s economic... →
Sappi's earnings, debt decrease in first quarter
By: Schalk Burger 7th February 2024 JSE-listed renewable woodfibre-based products company Sappi's earnings before interest, taxes, depreciation and amortisation (Ebitda) decreased to $156-million for the first quarter of its 2024 financial year, compared with Ebitda of $290-million reported for the first quarter of the prior... →
Bell Equipment management returns to the family as it appoints new CEO
By: Irma Venter 12th December 2023 Bell Equipment has appointed Ashley Jon Bell (41), grandson of company founder Irvine Bell, as new group CEO, effective January 1. This follows the July resignation of outgoing group CEO, Leon Goosen, who departs the company on December 31 after 16 years of service, of which five and a half were... →
PG Bison’s new R1.8bn MDF investment in Mkhondo to open in July
By: Schalk Burger 24th November 2023 Wood-based panel products manufacturer PG Bison will complete a R1.87-billion investment in a new medium-density fibreboard (MDF) Contiroll line in Mkhondo, Mpumalanga, in July. This will increase PG Bison’s installed capacity to 1 180 m3/day across its two MDF plants. →
Sappi's Cloquet mill scores high in facility environmental management audit
By: Schalk Burger 31st October 2023 JSE-listed dissolving wood pulp and paper-based solutions company Sappi has completed a Higg Facility Environmental Management (FEM) verification audit at its Cloquet mill, in northern Minnesota, in the US. The mill achieved a final score of 91.5%, which reinforces and demonstrates the sound... →
York Timbers swings to a loss
By: Marleny Arnoldi 29th September 2023 Following a “disappointing” 2022 financial year, lumber and agriculture company York Timbers has again reported year-on-year decreases in several key metrics for the 2023 financial year ended June 30. The company’s loss for the year amounted to R393-million, compared with a profit of... →
Stora Enso, others invest $18m in bio-graphite firm CarbonScape
By: Reuters 19th September 2023 Finnish-Swedish forestry firm Stora Enso, battery producer Amperex Technology and other parties have invested $18-million in start-up CarbonScape to commercialise bio-graphite for use in batteries, they said on Tuesday. New Zealand-based CarbonScape has patented a process to use forestry industry... →
Forestry nonprofit launches videos
25th August 2023 Non-profit forestry organisation, She Is Forestry SA, which promotes and uplifts women across the forest and forest product sector, launched a series of videos at their yearly Women in Forestry webinar on August 3 to encouraging girls to pursue careers in the industry. Its aim is to produce a... →
Pamsa stresses comprehensive sustainability of forestry, papermaking
By: Cameron Mackay 5th July 2023 Industry association the Paper Manufacturers Association of South Africa (Pamsa) has emphasised the environmental, economic and social sustainability benefits of the local papermaking and recycling industry. Speaking at a roundtable event, in Johannesburg, on July 5, Pamsa executive director Jane... →
New system launched for large hose guidance
30th June 2023 In March, high-performance plastic products manufacturer igus launched its new E4Q e-chain with extender crossbars for the safe guidance of large hoses. The E4Q e-chain with extender crossbars is a clever adapter system which ensures quick and easy adjustment of the E4Q energy chain to the... →
Major player moving to secure power purchase agreements
By: Tracy Hancock 31st March 2023 As South Africa’s energy crisis continues, global renewable resource company Sappi is actively engaging with independent renewable-energy producers to secure renewable energy as and when it becomes available, through power purchase agreements. Buying renewable energy is one of three investment... →
Global demand for paper, pulp and board softens
By: Tracy Hancock 31st March 2023 Global demand for paper, pulp and board is expected to soften in the first half of this year, compared with the highs of last year, where severe supply chain constraints created paper shortages worldwide, says global renewable resource company Sappi. “This significantly boosted sales orders, as... →
Engineered wood a carbon-efficient material
By: Nadine Ramdass 24th March 2023 The international construction industry is moving away from carbon-producing materials, such as steel and concrete, in favour of more sustainable materials. Engineered wood offers a multitude of benefits, including being a more sustainable and cost-effective material while offering shortened... →
Chemical engineer awarded for her work on lignosulphonate
By: Schalk Burger 9th February 2023 Forestry products Sappi Technology Centre engineer-in-training Leane Naude clinched third place in the global 2022/23 Blue Sky Young Researchers Innovation Awards programme for her project that outlines how she developed a more cost-effective purification method for lignosulphonate, which is an... →
Paper manufacturers create YouTube video series showing papermaking process
By: Schalk Burger 3rd February 2023 Industry organisation the Paper Manufacturers Association of South Africa (PAMSA) has partnered with GM Television to create a series of short videos of how paper products are made and recycled for the popular How It’s Made YouTube channel. “Many people are not aware of what goes into making... →
York appoints PwC's Barnard as CFO
By: Creamer Media Reporter 21st November 2022 Lumber and plywood producer York Timbers has appointed Schalk Barnard CFO. His appointment will be effective within the next six months, but the exact date is yet to be confirmed. Barnard is a qualified Chartered Accountant (South Africa, Australia and New Zealand), a registered auditor and a... →
Sappi posts record full-year Ebitda, resumes dividend payment
By: Chanel de Bruyn 10th November 2022 Renewable resources company Sappi achieved record earnings before interest, taxes, depreciation and amortisation (Ebitda) of $1.34-billion for the financial year ended September 30 – exceeding the previous record of $1.05-billion for the group's financial year ended September 30, 2000. Ebitda was... →
Sappi buys back €200m of 2026 bonds
By: Schalk Burger 14th October 2022 JSE-listed dissolving pulp and paper-based solutions company Sappi says, owing to strong uptake from bondholders, it has accepted for purchase all the 2026 bonds tendered for its offer to buy its outstanding 3.125% senior notes, due in 2026. Sappi bought €209.6-million of the aggregate principal... →
Mondi can deliver sustainably despite global challenges, inflation
By: Schalk Burger 14th October 2022 JSE-listed packaging and paper company Mondi says its earnings before interest, taxes, depreciation and amortisation (Ebitda) for the third quarter was €450-million, 55% higher than the Ebitda of €290-million reported for the third quarter of 2021. It notes that, during the quarter ended... →
Frankfurter Brett uses Sappi Symbio in new kitchen products
By: Schalk Burger 5th October 2022 Kitchen workstation manufacturer Frankfurter Brett, in partnership with high-technology component manufacturer Kegelmann Technik, has developed a sustainable kitchen console made from Sappi Symbio. Sappi Symbio combines high-quality cellulose from woodfibre and thermoplastics, explains Sappi... →
Firm to build 96 m mixed-use tower using hybrid timber technology in Zanzibar
By: Schalk Burger 4th October 2022 German-led engineering firm CPS is planning to build the highest green building in the world, a 28-storey apartment tower designed using hybrid timber technology, in Fumba Town. The design of the mixed-use apartment and commercial building is a new ecosystem for the future of living, says... →
Sappi accepts offer for three European graphic paper mills
By: Schalk Burger 29th September 2022 JSE-listed dissolving pulp and paper-based solutions company Sappi has concluded an agreement with investment firm Aurelius to take ownership of the Maastricht mill, in the Netherlands; the Stockstadt mill, in Germany; and the Kirkniemi mill, in Finland, for an enterprise value of about... →
Heavy rainfall, strikes result in ‘disappointing’ full-year performance for York Timbers
By: Darren Parker 21st September 2022 Lumber and agriculture company York Timbers reported a year-on-year decrease in several key metrics in its year-end financial results for the year ended June 30. “The financial results for the year have been quite disappointing, especially considering the momentum that was built in the previous... →
KZN South Coast still has untapped agricultural investment opportunities – SCTIE
By: Schalk Burger 8th September 2022 The South Coast of KwaZulu-Natal is an established produce farming and export region, but the subtropical climate, nutrient-rich soil, steady rainfall pattern and high duration of sunshine present additional opportunities for agricultural investment, says South Coast Tourism and Investment... →
Group to highlight dryer offerings at event
12th August 2022 International technology group Andritz will be exhibiting its range of existing and new technologies, services and automation solutions for the chemical and pharmaceutical industries at the Ausstellungstagung für chemisches Apparatewesen (ACHEMA) 2022 show from August 22 to 26, in Frankfurt,... →
Sappi announces first sustainability-linked financing facility
By: Schalk Burger 11th August 2022 JSE-listed woodfibre products and solutions multinational Sappi says its €515-million international revolving credit facility is its first financing facility with sustainability-linked key performance indicators (KPIs) and benefits from the group’s newly developed Sustainable Financing Framework.... →
Strategy outlines constructive value of wood
By: Cameron Mackay 5th August 2022 The University of Pretoria (UP) has played a significant part in the Department of Trade, Industry and Competition’s (DTIC’s) Promotion of Timber Construction Steering Committee, which aims to address the promotion of the forest sector’s role in the green economy, states UP senior lecturer Schalk... →
Sappi reports record third-quarter Ebitda of $371m
By: Darren Parker 4th August 2022 Pulp and paper producer Sappi has reported record earnings before interest, taxes, depreciation and amortisation (Ebitda) of $371-million – excluding special items – for its third fiscal quarter ended June 30. The company on August 4 said this was an “excellent achievement against a backdrop of... →
Bioeconomy could support S Africa’s energy needs
By: Tracy Hancock 22nd July 2022 Amid unstable power supply, the development of a wood bioeconomy could help support South Africa's energy needs while ensuring that the country meets its carbon emission reduction targets, says University of Pretoria Graduate School of Technology Management senior lecturer Schalk Grobbelaar. The... →
Best practices, governance can create sustainable local wildlife economies
By: Schalk Burger 1st July 2022 Sustainable wildlife economies that directly benefit local communities and provide resources to support development, can be created, but require best practices and standardisation to ensure the quality, safety and marketability of products and services, as well as transparency across the value... →
As drone deployment continues to expand, miners unearth whole-of-mine uses
By: Donna Slater 6th May 2022 The use of drones and ground-based robotics is evolving to such an extent locally that various companies are using them in all aspects of their operations, which is resulting in “bun fights” about which department gets to use the devices and payloads, says Dwyka Mining Services MD Jamie van... →
Deforestation, forest degradation responsible for 10% of yearly human-made carbon dioxide – report
By: Donna Slater 4th May 2022 A scientific assessment of the Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (REDD+) policy finds that while REDD+ has provided a “convenient umbrella” for many forest and land use-related activities aimed at reducing deforestation and forest degradation,... →
Lifting project comes to a close
By: Halima Frost 29th April 2022 Heavy lifting and rigging specialist Lovemore Bros has successfully concluded a longstanding contract with a global pulp and paper company based in South Africa. The contract, initially signed in February 2019, commenced in May 2019 and concluded in February 2022. →
TWK lifts interim profit to R247m
By: Schalk Burger 12th April 2022 Diversified agriculture and forestry company TWK Investments achieved 30.6% increase in revenue to R4.88-billion for the six months ended February 28, compared with revenue of R3.74-billion achieved in the six months ended February 28, 2021. Profit after tax increased by 175.5% to... →
Sappi launches campaign to attract skilled engineers
By: Donna Slater 11th April 2022 Woodfibre products manufacturer Sappi has launched a campaign to encourage skilled engineers and production specialists to join its growing team and its endeavours of pursuing a circular economy. Besides a number of current vacancies in various fields, Sappi is also building up a database of... →
Agriculture continues to outperform nearly all other sectors of South Africa’s economy
By: Rebecca Campbell 1st April 2022 Over the past two years the agriculture sector has been one of the few very stars in the firmament of the South African economy. In 2020 and 2021, agriculture was one of only four sectors of the economy to register growth, the Bureau for Food and Agricultural Policy (BFAP) has pointed out. Last... →
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