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Basic underlying earnings were up 26% to $1.03 per share and cash generated from operations was up 18%. Last year this had declined to 114,854t, a drop of 8%.You can only share my content with prior approval..The pattern is repeated in the company's overseas interests.
There were three newsprint machines at Merebank but we closed one down a while ago.
Its cost cutting exercises continue, with Mondi announcing the closure of its woodchip export operations based at the SilvaCel plant at Richards Bay, as well as a decision to shut down one of the two remaining newsprint machines at the Merebank plant outside Durban. We saw a strong operational performance across the pulp and paper businesses, with the exception of the extended shut at our Richards Bay mill [in SA]” Oswald said. The matter was yet to be finalised.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.The latest BankservAfrica Take-home Pay index shows employees are receiving lower salaries and fewer employees are getting paidAlready subscribed?
These were exported to Japan, the Pacific Rim and more recently China. Richards Bay Minerals open after second shut down - Celebrity gossip and the latest news , South Africas top best scandals here on Sa411 from Mzansi actors , Political figures , Celebs , Radio presenter and Sport Stars.
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Mondi Richards Bay. Anticipated routine, preventive and shut down maintenance schedules for enhancing system reliability Availability and equipment down … Last year Mondi sold its 50% holding in Aylesford Newsprint Holdings in Kent in the UK. Ofertas de Trabajo de shutdown jobs en Richards Bay, Kwazulu Natal. Mondi Richards Bay Collette van Staden Mondi Richards Bay 7 Western Arterial Alton, P.O.
Sometimes the closure of a mill is a necessary sacrifice to advance the game.Packaging is the more profitable business even in the tough central European market. "The woodchip export operation is a very small business within the group.
Mondi and its joint partner, Svenska Cellulosa Aktiebolaget, had recapitalised the operation and proceeds of the sale were used to repay its debt. Closing this machine will improve profitability at Merebank.
Market data including bonds and fuel pricesThe party will vote for a new leader at the federal congress scheduled over two days from October 31 to November 1Reports say graduate of Natal University will give Stormers $4m for a 51% stakeOswald attributed the decision to declining margins on unintegrated paper production following the rapid rise in hardwood pulp input costs.
Undertaken during Mondi’s quiet shut down period, we mechanically dismantled, rigged out and placed a 90 ton transformer in a lay down using our gantry and jack and slide system. Mondi Richards Bay 7 Western Arterial Alton, P.O. Thekwini College. It's largely about making the right acquisitions and disposals. It has become a loss-making machine so we will save on that," Hathorn says.But scaling down newsprint operations shows what's essentially a shift of focus at Mondi, from paper to packaging. To ensure optimal safety at all times, we supplied Supervision Qualified Riggers and Fitters and also safety officers to supervise and monitor progress on the project. Its cost cutting exercises continue, with Mondi announcing the closure of its woodchip export operations based at the SilvaCel plant at Richards Bay, as well as a decision to shut down one of the two remaining newsprint machines at the Merebank plant outside Durban. "The woodchip export operation is a very small business within the group. Mondi Richards Bay Rigging & Installation.