The South African pulp and paper maker expects next quarter adjusted EBITDA below the fourth quarter as maintenance shuts and high oil prices weigh.
Berita industri kayu dari Afrika Selatan
Halaman ini memuat 312 berita tentang Afrika Selatan. Topik terbaru: Sappi narrows fourth-quarter loss to $116 million, expects weaker next quarter; UPM and Sappi offer capacity commitments to win EU approval for graphic paper venture; Japan's wood chip imports drop 3.9% in third quarter.
The companies proposed to optimize capacity for certain paper grades and give customers safeguards without selling any mills, and expect the Commission's decision by year-end or shortly after.
Vietnam stayed the largest supplier as its share shrank 6.8 pp, while Australian shipments jumped 33%.
Vietnam remained the largest supplier as its share rose 2.7 pp; South Africa shipments grew 73.2% and Australia's fell 4.2%.
The companies plan to propose remedies other than divestments as they seek European Commission approval.
Thailand gained 12 percentage points of South Korea's hardwood chips imports; South Korea imported 307 thousand tonnes.
Work at the dissolving wood pulp mill will replace pressure parts in the MgO1 recovery boiler that uses magnesium closed-loop recovery technology.
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