Sappi yesterday announced that it has completed the sale of its Enstra mill to Corruseal. The agreement with Corruseal regarding Enstra Mill includes the recycled containerboard and kraft papers business produced on PM6, as well as the fine paper and security paper portfolio produced on PM2.
With the sale of Enstra Mill, the production of Sappi's much loved Typek copy paper has moved to Sappi Stanger Mill in KwaZulu-Natal. Sappi has invested and committed in 2015 and 2016 capital upgrades to secure Stanger Mill as a world-class office and tissue paper producer.
The first phase of this project has been successfully completed through an investment of approximately R30 million in upgrading various aspects of the paper machine to ensure that the paper quality meets the high standard required in today's demanding markets.
During the next five months, Sappi will invest a further R70 million at Stanger Mill in sheeting and finishing operations with a focus on speed, increasing the throughput of our finished A4 products, as well as improving the packaging quality of our products to further benefit Sappi’s customers.
