Pankaboard Increasing Price for Folding Boxboard in Europe, UK
April 27, 2010 - Finnish board producer Pankaboard said that it is increasing the price of its folding boxboard in Europe by EUR 80 per ton and in the UK by GBP 80 per ton.
Pankaboard said rising input costs and strong market demand for cartonboard are the primary factors for the price hike.
Pankaboard operates a single mill in Lieksa in eastern Finland. The company has 160 employees and a production capacity of 100,000 tons of board on two board machines.