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Forest Products News

York Timber swings to record Ebitda in FY21

By: Marleny Arnoldi 28th September 2021 JSE-listed integrated forestry company York Timber Holdings has managed to swing from a loss a share of 69c in the 2020 financial year to earnings a share of 44c in the financial year ended June 30. The company’s earnings before interest, taxes, depreciation and amortisation improved by... →

Garden project boosts local nutrition

20th August 2021 Power tools and hardware wholesaler Matus South Africa’s premier garden brand Aquacraft partnered with Johannesburg-based nongovernmental organisation Siyakhana on an organic vegetable garden situated in Bezuidenhout Park, which supplies a range of fresh fruit, vegetables and herbs to local... →

gardening tools in garden soil among vegetation

GARDENING WITH A PURPOSE A portion of all Aquacraft sales will go towards the expansion of urban vegetable gardens across the country

Sappi returns to profit in Q3 but expects $16m Ebitda impact from unrest for Q4

By: Chanel de Bruyn 5th August 2021 Pulp and paper producer Sappi has posted a profit of $18-million for the quarter ended June 30 – the third quarter of its 2021 financial year – compared with a loss of $73-million recorded in the third quarter of 2020. Earnings a share, excluding special items, were $0.05, compared with a loss a... →

Patel says vision for R200bn in additional localisation has top-level corporate backing

By: Terence Creamer 18th May 2021 Trade, Industry and Competition Minister Ebrahim Patel announced that an “accord” had been reached at the National Economic Development and Labour Council (Nedlac) to drive progressive localisation of up to R200-billion of additional production over a five-year period. Delivering his virtual... →

Trade, Industry and Competition Minister Ebrahim Patel

Sappi says recovery steady in second quarter as Ebitda climbs

By: Schalk Burger 6th May 2021 Pulp and paper producer Sappi says its operations are steadily recovering from the ongoing challenges of the Covid-19 pandemic. For the quarter ended March 31, its earnings before interest, taxes, depreciation and amortisation (Ebitda) continued to improve to $112-million, compared with... →

80 students to gain forestry sector skills as part of master plan rollout

By: Schalk Burger 14th April 2021 Under the Forestry Sector Masterplan, which emphasises forestry skills development, about 80 students will participate in the programme at the Fibre Processing and Manufacturing Sector Education and Training Authority (FPM Seta) and the universities of the Witwatersrand and Pretoria. They will... →

Tribunal gives go-ahead for eSwatini-based forestry merger

By: Marleny Arnoldi 26th February 2021 The Competition Tribunal has approved a merger between Shiselweni Forestry Company and Peak Timber and Peak Forest Products (PFP). The tribunal did, however, stipulate conditions related to the sawn and untreated mining timber, final product mining timber, untreated transmission poles, building... →

Sappi secures sustainable forest certification in South Africa

By: Schalk Burger 28th January 2021 Wood-fibre products company Sappi has achieved the Programme for the Endorsement of Forest Certification- (PEFC-) endorsed Sustainable African Forest Assurance Scheme (Safas) certification in South Africa. The Safas project was a successful collaboration between Sappi and a number of South... →

New DG appointed for environment dept

By: Donna Slater 9th December 2020 During a virtual meeting of Cabinet on December 2, Nomfundo Tshabalala was appointed Department of Environment, Forestry and Fisheries (DEFF) DG. Former DG Nosipho Ngcaba had retired in June. →

Sappi Verve, Birla collaborate on forest-to-garment traceability solution

By: Tasneem Bulbulia 3rd November 2020 Sappi Dissolving Pulp has partnered with viscose manufacturer Birla Cellulose to provide a forest-to-garment traceability solution for brand owners. Through this collaborative partnership, its dissolving pulp brand, Sappi Verve, continues to strengthen its sustainability credentials within the... →

Nedbank commits to planting 100 trees a year in Western Cape

By: Marleny Arnoldi 6th October 2020 Nedbank Agriculture Western Cape has committed to planting 100 trees a year in the province in line with the objectives of the Boland Trees for Bees Pledge Fund. The fund was created by bee food diversity company The Bee Effect and Boland Cellar, which is a winemaking client of financial... →

Sappi signs up to Business for Nature’s Call to Action on environment

By: Donna Slater 17th September 2020 Woodfibre-based product producer Sappi has joined the Business for Nature’s Call to Action – which represents 560 companies from around the world, with combined revenue of $4-trillion – in urging governments to urgently adopt policies to reverse nature loss in this decade. Covid-19 is causing... →

Sappi undertakes Arbor Week activities

By: Tasneem Bulbulia 4th September 2020 In celebrating Arbor Week, Sappi Southern Africa has highlighted the company's efforts to help protect the pepper-bark tree, also known as the Warburgia salutaris. The company points out that the pepper-bark tree is highly prized in the Southern African healthcare sector and that commercial... →

Drones used to combat spread of water-sapping alien trees in semi-arid Karoo

By: Donna Slater 17th July 2020 Drones are being used by the agricultural community in the Western Cape, and more specifically the semi-arid Karoo region, where water resources are under strain, to fight invasive and water-hungry alien plant species. Southern Cape Landowners Initiative’s (SCLI’s) Cobus Meiring explains that,... →

Kammanassie farmer Morné Jonker with the drone sprayer used to fight alien vegetation

Timber suitable to help address Covid-19 housing requirement

By: Donna Slater 19th May 2020 In response to government investigating alternative housing solutions for densely populated informal settlements during the Covid-19 pandemic, Sawmilling South Africa (SSA) and the Institute for Timber Construction South Africa (ITC-SA) have approached government with a proposal that timber be... →

Sappi announces €250m senior notes offering

By: Donna Slater 14th May 2020 Pulp and paper company Sappi is offering €250-million of senior notes, due 2025. The notes will be issued by Sappi Papier Holding, a subsidiary of Sappi. →

Mulcher developed for S African conditions

1st May 2020 Local original-equipment manufacturer (OEM) Bell Equipment has developed the Bell M350 Mulcher, which caters to the forestry industry and has been specially geared for South Africa’s hot and dusty climate. This niche solution was developed in consultation with the company’s customer base. →

MULCH ADO The Bell M350 Mulcher is a niche solution developed in consultation with customers from the South African forestry industry

Covid-19 lockdowns, rand depreciation set to accelerate food inflation

By: Rebecca Campbell 24th April 2020 The Bureau for Food and Agricultural Policy (BFAP) has, in its latest brief report Food price outlook for Quarter 2 2020 and beyond, warned that food prices in South Africa are set to rise during this, second, quarter of the year. The country’s staple foods – maize, wheat and rice – would not be... →

Sappi starts production of essential medical items, donates to Solidarity Fund

By: Donna Slater 20th April 2020 Pulp and paper producer Sappi Southern Africa has made available several donations of scarce items such as hand sanitiser, face masks, nutritional porridge and paper products, to reduce pressure on the national government’s resources, as well as to support the most vulnerable during the Covid-19... →

Half of South Africans in a ‘precarious nutrition situation’

By: Rebecca Campbell 10th April 2020 Independent research body the Bureau for Food and Agricultural Policy (BFAP) has warned that poorer households in South Africa would be put at risk, in terms of both their nutrition and health, if they suffer a fall in their income or an increase in food prices, as a result of measures put in... →

South African production of key foods good to reasonable

By: Rebecca Campbell 10th April 2020 An independent research centre, the Bureau for Food and Agricultural Policy (BFAP), has published an overview of five key foods produced in South Africa, as part of its analysis of the food and agricultural aspects of the Covid-19 pandemic crisis. The foods are chicken (meat), maize (grains),... →

ITC-SA puts dormancy on the backburner as it pursues new operating model

By: Tasneem Bulbulia 25th October 2019 The Institute for Timber Construction South Africa (ITC-SA) has reversed its resolution of dormancy following overwhelming feedback from various quarters of the structural timber industry, the full spectrum of its membership and government departments, on the critical role that the institute has... →

How to halt global warming for $300bn

By: Bloomberg 23rd October 2019 $300-billion. That’s the money needed to stop the rise in greenhouse gases and buy up to 20 years of time to fix global warming, according to United Nations climate scientists. It’s the gross domestic product of Chile, or the world’s military spending every 60 days. The sum is not to fund green... →

Strikes characterise difficult trading period for York Timbers

By: Simone Liedtke 30th September 2019 Integrated forestry company York Timbers on Monday reported that its performance in the financial year ended June 30 had been significantly impacted on by strikes, result in 239 lost production days. The company also lost plywood export contracts as a result of the strikes, with operational... →

KAP lifts full-year revenue, but profit tracks lower

By: Schalk Burger 20th August 2019 Diversified industrial company KAP Industrial Holdings has grown its revenue for the financial year ended June 30 by 12% year-on-year to R25.6-billion, but operating profit decreased by 13% to R2.5-billion. In a SENS announcement that contained extracted financial information from the audited... →

Tetra Pak’s innovation engendering sustainability, efficiency in packaging industry

By: Tasneem Bulbulia 15th August 2019 With sustainability at the core of its business, processing and packaging solutions company Tetra Pak says it is implementing a number of technological innovations and solutions that engender the lowest carbon footprint and highest efficiency. Tetra Pak Southern African MD Stefan Fageräng,... →

Stefan Fageräng

Sappi becomes international stakeholder member of the PEFC

By: Tasneem Bulbulia 1st July 2019 JSE-listed paper and pulp producer Sappi has become an International Stakeholder member of the Programme for the Endorsement of Forest Certification (PEFC). This membership aligns with Sappi’s focus on sustainable forest management and responsible procurement throughout its supply and value chains. →

Mondi simplification still expected to be completed this year

By: Simone Liedtke 7th June 2019 LSE- and JSE-listed packaging and paper group Mondi on Friday confirmed that “good progress” was being made in simplifying the company’s corporate structure. This included the processes to obtain the necessary regulatory consents, Mondi said in a statement. →

South African student named among winning wood scientists in global competition

By: Tasneem Bulbulia 15th May 2019 The International Council of Forest and Paper Associations (ICFPA) on Tuesday announced the three global winners of its 2018/19 Blue Sky Young Researchers and Innovation Award. University of Pretoria (UP) Masters student Martin Wierzbicki was selected as a winner along with Elina Pääkkönen, from... →

New products for the agriculture industry being launched

10th May 2019 Engineering components supplier Bearing Man Group (BMG) will be exhibiting at Grain SA’s Nampo Harvest Day this year being held from May 14 to 17, near Bothaville in the Free State. The BMG stand will showcase the company’s range of agricultural components, which has been carefully selected for... →

BOER MAAK N PLAN The Boer Slim/Smart Farming initiative offers a range of products developed with and for local farmers

Biggest Nampo yet boasts 775 stands

By: Halima Frost 10th May 2019 The southern hemisphere’s largest agriculture expo, the Grain SA Nampo Harvest Day, will feature a record-breaking 775 stands, and organiser Grain SA says that all of the stands have now been sold out. The event caters to the South African and Southern Africa farming community and will be held... →

HIGH EXPECTATIONS An aerial view of the continent’s largest agriculture show being held in May

Sappi says dissolving wood pulp prospects remain strong despite near-term pressures

By: Terence Creamer 9th May 2019 Diversified forests products group Sappi is warning of lower full-year earnings, owing to ongoing market weakness for graphic paper, as well as near-term pricing and volume pressures for its expanding dissolving wood pulp business. The company reported a decline second-quarter profit to... →

Equipment supplier to spread its wings outside South Africa

By: Mamaili Mamaila 15th March 2019 Industrial equipment supplier Vermeer will attend The Solar Show Africa 2019 which is combined with the 2019 Power and Electricity World Africa (PEWA) conference at the Sandton Convention Centre on March 26 and 27, 2019. →

SITES ON AFRICA Vermeer aims to penetrate the renewable-energy market in Africa

York expects lower H1 earnings

By: Tasneem Bulbulia 7th March 2019 JSE-listed York Timber expects its earnings per share (EPS) and headline earnings per share (HEPS) to decrease to between 19.4c and 20.7c for the six months ended December 31, 2018, compared with the 28c reported for the six months ended December 31, 2017. The company attributed the lower... →

York Timbers lifts FY18 Ebitda by 12%

By: Simone Liedtke 25th September 2018 Despite challenging market conditions, integrated forestry company York Timbers increased its earnings before interest, taxes, depreciation and amortisation (Ebitda) and core earnings by 12% and 59%, respectively, for the full year ended June 30. The company on Tuesday pointed out that the Ebitda... →

Company offers paper alternative to wooden and plastic pallets

17th August 2018 Transport packaging company Kimmo is driving the industry to switch to paper pallets as alternatives to the usual wooden and plastic pallets. The company manufactures paper pallets using honeycomb fibreboard in South Africa. According to the founder of Kimmo Jan Vreken, he discovered honeycomb... →

VISUAL RESEMBLANCE Honeycomb fibreboard technology takes its name from the visual resemblance to a bee’s honeycomb

Company facilitates provincial prosperity

By: Tasneem Bulbulia 20th July 2018 With sustainable woodfibre products and solutions provider Sappi’s KwaZulu-Natal operations contributing about R11.7-billion annually to the province’s economy, the company is pursuing socioeconomic transformation in its communities of operation. “We recognise that transformation is not just a... →

ENTRENCHED PLAYER Sappi Southern Africa’s KwaZulu-Natal operations contribute R11.7-billion to the province’s economy yearly

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