South African paper maker Sappi Limited (SPP) says it will boost its profitable chemical...
Thursday, November 10, 2011, 8:02 AM ETSouth African paper maker Sappi Limited (SPP) says it will boost its profitable chemical cellulose output after the firm realizes a loss in FQ4. The sharp falloff in demand for the paper used in glossy magazines has the company looking in new directions. Shares +6.6% in Johannesburg, ADRs +5.5% premarket.
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