Smurfit Kappa Group to Increase Price for Recycled Containerboard Grades

Jan. 17, 2013 - Smurfit Kappa Group reportedly plans to increase its pricing on recycled containerboard by EUR 60 per tonne in Europe, effective Feb. 1.

The company cited unsustainably low recycled containerboard prices coupled with rising costs for raw materials and energy as factors behind the price hike.

In addition, demand for recycled containerboard grades is strong, the company said.

SOURCE: Smurfit Kappa Group