Sappi announces results for the third financial quarter 2024

Total European shipments of graphic papers in October 2020 were down 18.7% vs. October 2019 and are down 19.9% year-to-date. Total European shipments of newsprint in October 2020 were down 21.6% vs. October 2019 and are down 18.7% year-to-date. Total European shipments of sc-magazine in October 2020 were down 16.5% vs. October 2019 and are down 18.8% year-to-date. Total European shipments of coated mechanical reels in October 2020 were down 24.0% vs. October 2019 and are down 27.2% year-to-date. Total European shipments of uncoated mechanical (improved & others) in October 2020 were down 5.0% vs. October 2019 and are down 8.5% year-to-date. Total European shipments of coated woodfree in October 2020 were down 27.1% vs. October 2019 and are down 26.5% year-to-date. Total European shipments of uncoated woodfree in October 2020 were down 10.3% vs. October 2019 and are down 14.3% year-to-date.

As of September 1st, Technicote, a North-American company specializing in self-adhesive solutions, is the latest addition to Beontag’s growing family of international companies. The acquisition marks Beontag’s entry to the North American market, and is another step in its global expansion and internationalization strategy initiated in 2020. Besides the United States, Beontag has operations in other countries, such as Argentina, Uruguay, France, Italy, Sweden, Finland, among others. This acquisition is more than Beontag wanting to enter a new market. It was also motivated because of the broad network of customers that Technicote has had for more than four decades and the diversity of products they offer in the segments of graphic and self-adhesive materials. Their portfolio offers a wide range of self-adhesive rolls and sheets, as well as solutions in silicone coated release liners and is a perfect fit for Beontag’s expanding international portfolio of products. Technicote will also be integrating many of those products into their North American range.

Stora Enso invests EUR 9 million in an automated CLT (cross-laminated timber) coating line at the Ybbs sawmill in Austria. The investment will further strengthen Stora Enso’s position as a leading global provider of engineered wood products for low carbon, sustainable buildings. In the construction industry, there is labor shortage and a pressure to shorten the construction time on-site. The investment enables industrially pre-applied CLT coatings on the CLT walls and floors produced at Stora Enso’s Ybbs site. The automated coating solution results in shorter construction times and higher wood protection. “With this new automation line, we can apply high-quality water-based coating to approximately 500,000m² of CLT walls and floors per year – making us the world leader in this segment. Our customers will benefit from improved protection of CLT against moisture, sunlight, insects and fire, as well as nicely coloured visual surfaces,” says Lars Völkel, EVP Wood Products division.