SAPPI LTD (SAP) 6-K
SAPPI LTD (SAP) 6-K
SAPPI LTD (SAP) 6-K
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Location<br />
Use<br />
Approximate<br />
Size(1)<br />
Sappi ForestProducts<br />
Johannesburg, South Africa Headquarters Included under<br />
Sappi Limited<br />
headquarters<br />
Sappi Saiccor<br />
Umkomaas, South Africa Manufacturing facility: chemical cellulose(8) 159.4 ha<br />
Sappi Kraft<br />
Ngodwana, South Africa Manufacturing facility: linerboard, newsprint and kraft pulp 1,282.9 ha<br />
Tugela, South Africa<br />
Manufacturing facility: linerboard, corrugating medium,<br />
914.4 ha<br />
sackkraft and industrial kraft<br />
Cape Kraft, South Africa Manufacturing facility: linerboard and corrugating medium 9.5 ha<br />
Bunya, Swaziland<br />
(Usutu Pulp Mill) Manufacturing facility: kraft pulp 45.0 ha<br />
Sappi Forests<br />
Barberton, South Africa<br />
(Lomati Sawmill) Sawmill 24.6 ha<br />
SappiPlantations<br />
Mpumalanga and KwaZulu- Owned<br />
369,000 ha<br />
Natal South Africa<br />
Sappi leases or manages directly in South Africa<br />
10,000 ha<br />
Projects in South Africa (owned and managed by farmers,<br />
108,000 ha<br />
where Sappi indirectly manages through technical advice and<br />
support)<br />
Swaziland Leased in Swaziland 66,000 ha<br />
___________<br />
(1) The approximate size measurement relates to, in the case of manufacturing and distribution facilities, the perimeter of the property on which the<br />
principal manufacturing or distribution facilities are situated and, in the case of offices, the interior office space owned or leased.<br />
(2) Subject to a lease expiring in 2015.<br />
(3) Subject to a lease expiring in 2011.<br />
(4) A portion of the equipment is subject to lease agreements.<br />
(5) Subject to a lease expiring in 2010.<br />
(6) Subject to leases expiring in 2016.<br />
(7) Of the total 62,140m2, 8,800m2 is subject to a lease that operates on a year-to-year basis. The remainder of the property is subject to a heritable building<br />
right (“Erbbaurecht”).<br />
(8) Substantial assets are leased pursuant to capital lease agreements. During fiscal 2006, Sappi announced the expansion of the existing capacity at Saiccor<br />
mill. The current capacity of the mill is approximately 600,000 metric tonnes per annum. The result of the expansion is an expected increase in capacity<br />
of 300,000 tonnes, of which 75,000 tonnes is to replace existing higher cost capacity, while simultaneously reducing the environmental impact of the<br />
operation. The estimated cost of the project is USD 500 million.<br />
202
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