कोशिश गोल्ड - मुक्त
Sappi shares surge 9% as nearly R20bn joint venture with Finland's UPM announced
The Mercury
|December 05, 2025
SAPPI'S shares traded 9.27% higher at R23.71 Thursday afternoon after plans with UPM were announced to combine their European graphic paper operations into a standalone R19.94bn (€1.42bn) joint venture (JV) company.
The share price jump comes despite being well below the R51.76 it traded at a year ago, which reflects the challenges being faced by the global paper and packaging sector: rising costs, shifting consumer demand, stricter sustainability regulations and supply chain disruptions. Demand for graphic paper has been in structural decline for decades.
"The proposed JV represents a decisive response to structural changes in the European graphic paper industry, offering a path to strengthen its resilience and provide long-term commitment and supply security to customers," Sappi's CEO Steve Binnie and UPM President and CEO Massimo Reynaudo said in a joint statement.
यह कहानी The Mercury के December 05, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The Mercury से और कहानियाँ
The Mercury
Scrums, line-outs and breakdown battles: Sharks v Bulls key matchups
SOUTH African derbies in the United Rugby Championship (URC) rarely hinge on moments of individual brilliance alone.
2 mins
December 18, 2025
The Mercury
Temple collapse: probe reveals major construction lapses
FINDINGS from the preliminary investigation into the four-storey building collapse at Redcliffe, Verulam point to \"serious lapses\" in construction, including concerns over structural integrity, substandard materials, and possible regulatory violations, Public Works Minister Dean Macpherson said yesterday.
2 mins
December 18, 2025
The Mercury
IMF Board backs stronger, clearer fiscal policy advice after independent evaluation review
THE International Monetary Fund’s (IMF) Executive Board has broadly endorsed recommendations to strengthen the clarity, consistency and analytical depth of the Fund’s fiscal policy advice, following an independent evaluation covering the tumultuous 2008-2023 period marked by the global financial crisis and the Covid-19 pandemic.
3 mins
December 18, 2025
The Mercury
NCOP passes Immigration Amendment Bill in response to Concourt ruling
THE National Council of Provinces (NCOP) unanimously passed the Immigration Amendment Bill yesterday, paving the way for its submission to President Cyril Ramaphosa for final assent.
3 mins
December 18, 2025
The Mercury
Church bells should ring beyond 16 Days
Sometimes it takes one decisive leader to make a difference
4 mins
December 18, 2025
The Mercury
Unless sanity prevails, 2026 could be the year of humanity's destruction
GLOBAL events are grabbing the news headlines, as man rushes headlong into an epic confrontation that will reduce our planet to radio active rubble.
2 mins
December 18, 2025
The Mercury
Masemola vows to end illegal mining in North West
THE National Commissioner of the South African Police Service, General Fannie Masemola, has warned that illegal mining in Bapong, North West, will not be tolerated, citing serious threats to the safety, health, and livelihoods of local communities.
1 min
December 18, 2025
The Mercury
Alcaraz ends partnership with coach
Men’s tennis world No 1Carlos Alcaraz announced yesterday that he has split from his coach Juan Carlos Ferrero after seven hugely successful years together, with assistant coach Samuel Lopez set to take over.
2 mins
December 18, 2025
The Mercury
Jubilee Metals forecasts doubled copper production for 2026 as transition continues
JUBILEE Metals Group has forecast copper unit production for its full 2026 financial year to be within 4 500 tons to 5 100 tons, depending on the extent of the rainy season, which is more than double the 2 211t produced in the 2025 year.
3 mins
December 18, 2025
The Mercury
Drug busts in KZN yield over R1.6m in illegal narcotics
KWAZULU-NATAL police and municipal crime prevention units have recorded a series of drug-related arrests in Durban, Verulam, and Umzinto over the past week, resulting in the seizure of cocaine, heroin, and crystal meth valued at more than R1.6 million.
1 min
December 18, 2025
Listen
Translate
Change font size