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M-real to Boost Price of Cut-Size/Office Papers

June 28, 2007 - European fine paper maker M-real said it will increase the prices of its cut-size office paper and business reels by 5-8% as of Sept 1.

The company cited cost pressures in paper production as the factor behind the pricing increases.

M-real recently closed its Wifsta paper mill in Sweden blaming market cost pressures. The closure removed about 170,000 tonnes per year of cut-size office paper and business reels from the market.

SOURCE: M-real




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