Brigl & Bergmeister to Hike Price for Label, Flexible Packaging Papers

May 11, 2011 - Austria-based Brigl & Bergmeister said that it will increase the price for its papers by a minimum 7% for deliveries from July 1 2011.

In a written statement, the company said, "This step is necessary, as previous increases were not sufficient to compensate the extraordinary high cost increases in raw materials, energy and freight. Despite very high capacity utilization, the margins of the industry have reached unacceptable low levels."

Brigl & Bergmeister produces label and one-side flexible packaging papers, and graphic papers.

SOURCE: Brigl & Bergmeister