It s an essential ingredient in beer, but what do brewers do with spent grain? 11:30 am, Mar. 1, 2021 ×
Steve Finnie, head brewer and co-founder, dumps a wheelbarrow of spent grain into a hopper on Wednesday, February 24, 2021, at Little Thistle Brewing in Rochester. The grain is then picked up by a local farmer for cow feed. (Traci Westcott / twestcott@postbulletin.com)
A fan of beer would never consider leaving an unfinished beer in a glass to be dumped. Producers of beer feel that way about their ingredients.
Once the sugars and flavors from grain to make beer are extracted for brewing, the grain now a thick, warm, wet mass still has use.
Sappi reports reduced first-quarter losses, but group is banking on recovery
By Sandile Mchunu
Share
JOHANNESBURG - SAPPI expects its recovery to continue into the second quarter after posting a reduced loss of $17 million (about R254.74 million) for the first quarter to end December, mainly due to dissolving pulp markets and graphic paper demand in North America recovering at a faster rate than anticipated.
The world’s largest manufacturer of dissolving pulp (DP) improved from the loss of $88m reported in the quarter to end September.
However, the performance was still below the profit of $24m achieved in the first quarter to end December 2019.
Sappi shows a recovery in results for first financial quarter 2021
News provided by
Share this article
Share this article
JOHANNESBURG, Feb. 3, 2021 /PRNewswire/ Commenting on the group s results, Sappi Chief Executive Officer Steve Binnie said: I am pleased with the continued recovery in our results over the past nine months. EBITDA improved progressively from a low of US$26m in our third quarter of 2020 due to the impact of Covid-19 to US$98m for the first quarter of our 2021 financial year. I am confident that our recovery is on track despite the ongoing negative affect from Covid-19.
He continued: As a group we outperformed the guidance provided at the end of the last quarter with profitability across all reporting segments exceeding expectations. During the quarter, the global surge of Covid-19 infections and the related employee absenteeism put all of our operations under pressure. In spite of the unprecedented obstacles that have arisen as a result of the pandemic an