For Sappi North America, 2014 may long be remembered as a pivotal year of change. We saw a merger of two of the biggest merchants in our supply chain as well as our two largest competitors. Coated paper markets struggled, a global economic slowdown hurt the sales of release papers, and dissolving pulp prices took a sharp downward turn. While it certainly had its challenges, 2014 was also a critical year for foundation building and refinement to position Sappi for the next generation.
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