The South African pulp and paper maker expects next quarter adjusted EBITDA below the fourth quarter as maintenance shuts and high oil prices weigh.
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Bu sayfada Güney Afrika hakkında 312 haber yer alıyor. Son konular: 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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