| Business Summary | | Sappi
Limited
is
the
world's
leading
producer
of
coated
woodfree
paper
(which
is
used
in
high-quality
publications
such
as
annual
reports,
catalogues,
brochures
and
magazines)
and
has
a
15%
share
of
the
world
market.
Sappi
is
the
largest
producer
in
North
America,
Europe
and
Africa
producing
one
in
every
four
sheets
of
coated
woodfree
paper
in
the
western
world.
The
Company
is
also
the
world's
leading
producer
of
dissolving
pulp
in
the
world
(used
typically
in
the
manufacture
of
viscose
textiles)
with
a
market
share
of
15%.
The
Company
has
manufacturing
operations
on
three
continents,
in
eight
countries
and
customers
in
more
than
150
countries.
The
Company
annually
produces
five
million
tons
of
paper
and
three
million
tons
of
pulp.
More
than
80%
of
the
paper
produced
is
fine
paper. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sappi
Limited
is
a
South
African-based
international
forest
products
company
which
produces
fine
paper,
commodity
products,
and
pulp.
For
the
nine
months
ended
6/30/01,
revenues
fell
8%
to
$3.19
billion.
Net
income
before
U.S.
GAAP
fell
61%
to
$91
million.
Revenues
reflect
lower
prices
and
a
decrease
in
the
Fine
Paper
and
Forest
products
segments.
Net
income
reflects
an
increase
in
selling,
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Eugene Van As, 62 | Chairman | Donald Wilson | Exec.
Director Fin. | Monte Haymon, 63 | Pres
and CEO of Sappi Fine Paper North America | John Job, Ph.D. | Chairman
of Sappi Forest Products, Director | Wolfgang Pfarl, 57 | CEO
of Sappi Fine Paper Europe |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|