Sappi Ltd. is a global company focused on providing dissolved wood pulp, paper pulp and other paper-based solutions to i

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Sappi Ltd. is a global company focused on providing dissolved wood pulp, paper pulp and other paper-based solutions to its direct and indirect customer base across more than 160 countries. Our dissolved wood pulp products are used worldwide by converters to create viscose fibre for fashionable clothing and textiles, acetate tow, pharmaceutical products as well as a wide range of consumer and household products.Our market-leading range of paper products includes coated fine papers used by printers, publishers, and corporate end users in the production of books, brochures, magazines, and many other print publications. The wood and pulp need for our products are produced within Sappi Ltd. and from accredited suppliers.Sappi Ltd. has a tradition of innovating and developing new products to meet local demand. As part of the strategy to rationalize declining business, focus on business where we have a competitive advantage and strengthen our balance sheet, we entered into an agreement to sell our nonperforming Mills in the Northern region. At the end of the financial year, we received approval from the competition commission and both transactions were realized in October and November of 2015.b) The management of Sappi Ltd have approached you to prepare a paper on the important business environments which has an influence on Sappi’s operations. (20 marks)