Smurfit Kappa Group to Hike Price for Recycled Containerboard

July 25, 2012 - Smurfit Kappa Group (SKG) announced an EUR 100 per tonne price increase on recycled containerboard, effective Sept. 1, 2012, according to a report from Deutsche Bank (DB).

SKG cited tight global supplies of kraft liner as one key driver.

DB said that its global trade contacts — including prominent containerboard brokers — are confirming this situation.

In the recycled grades, SKG noted that the increase is necessary to restore margins following recent price declines and better-than-expected demand, DB said.

SOURCE: Deutsche Bank