M-real to Hike Price for Its Woodfree Uncoated Paper in Europe
July 5, 2011 - M-real Office Papers announced that it will implement a 5-8% price increase for all its woodfree uncoated and recycled paper products across Europe in August.
M-real said the increase is the result of increasing costs of key raw materials such as pulp, starch and other chemicals as well as energy.
"We must put up our prices so we can continue to deliver quality, innovative paper products," said Marcel Bigler, senior vice president, Sales, Marketing and Supply Chain for M-real Office Paper.
"Trying to absorb the escalating costs of our key raw materials and energy is no longer an option."