Sappi mulls over closure of Belgium mill
The firm says it is reviewing how best to reduce overall fixed and other overhead costs
Paper and pulp manufacturing giant Sappi says it has started talks over the possible closure of its Belgium-based Lanaken Mill as it forges ahead with its strategy to reduce its exposure to the graphics market.
The R24.4bn diversified industrial materials firm has been looking to reduce its exposure to the graphics paper market in favour of moving more towards the dissolving pulp and packaging markets...
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