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Sappi capitalises on weak rand

2015-09-18 10:34:44| Paper - Topix.net

Sappi said the rand's decline against the dollar is boosting the earnings of the pulp and paper maker as its exports gain in value, one of the first South African companies to report a positive impact from the currency's weakness. Sappi is the world's biggest producer of dissolving wood pulp, a cotton substitute used in textiles including lingerie and golf shirts, for export from South African mills.

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