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Annual Wage Negotiations Settled At Sappi

Press release from the issuing company

Global pulp and paper producer Sappi has confirmed that it has successfully concluded annual wage negotiations for its operations in South Africa. Sappi, a member of the sector bargaining council, has concluded with staff unions CEPPAWU, UASA and Solidarity the wage agreement, setting out pay and working conditions. The agreement brings to a close a protracted period of negotiation. Sappi Forest Products CEO, Andre Wagenaar said, "The conclusion of this agreement once again underscores the importance of a process of constructive engagement between the parties in order to achieve an agreement that meets the needs of all."