Sappi snaps up us woodfree assets

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PPI This Week | 2002年 / 17卷 / 11期
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Bleached pulp - Investments - Kraft pulp - Paper and pulp mills - Papermaking machinery - Strategic planning;
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Sappi has agreed to buy Potlatch's coated woodfree paper business and its Cloquet pulp and paper mill in Minnesota. The South African firm Sappi has plans to buy the mill for $480 million and as part of the deal, Potlatch will also close its 140,000 tonnes/year coated fine paper mill in Brainerd, Minnesota. The acquisition will also increase Sappi's share of the US coated fine paper market to 30%.
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