As had already been announced last year, Sappi sold its subsidiary Usutu Forest Products Company in Swaziland to the local company Montigny Investments for ZAR1bn (roughly €69m) on 16 July. Usutu cultivates softwood plantations on an area of roughly 67,000 ha and also has an idled pulp mill. Sappi said the ...
Sappi sells wood plantations in Swaziland
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