6 November 2019
Sappi Buys First Mill In Canada
MATANE, QUEBEC—
Sappi's first Canadian mill in Matane, Quebec
Sappi's first Canadian mill in Matane, Quebec
Sappi, one of the  printing industry largest manufactures of packaging and graphic papers , has announced the acquisition of the Matane high yield hardwood pulp mill in Quebec. The mill produced pulp for making packaging paper board . Sappi has four mills in the States this will be there first mill in Canada. The mill at one time was owned by Tembec.
One of the worlds largest coated paper and packaging board manufactures
One of the worlds largest coated paper and packaging board manufactures
Sappi  printing paper brands  include  McCoy, Opus, Somerset and Flo. Sappi became a major player in North America when it bought SD Warren in the late 90's. Steve Binnie, CEO  of Sappi said,"this acquisition will provide Sappi with both cost reductions and decreased volatility at a very competitive price per ton of pulp. The transaction strengthens Sappi's pulp integration, improves our profitability and is another significant milestone towards realizing our Vision2020 goal."
 
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Shame says:
Zebra Paper was great at making these products at much lower prices - what a sad move....
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