Hamburger Containerboard to Hike Price for Brown and White Containerboard
July 11, 2014 - Hamburger Containerboard announced that it is set to increase pricing for its brown and white containerboard grades as of August 1.
The price for brown containerboard will go up by Euro 70 per tonne and the price for white will increase by Euro 50 per tonne.
Hamburger Containerboard indicated that the current market situation warrants the price hikes with strong demand putting pressure on supply.
Hamburger Containerboard is a division of the Austrian Prinzhorn Holding. With a total annual production capacity of 1.7 million tonnes of containerboard, Hamburger Containerboard employs 1,100 staff at its four production sites of Hamburger Austria (Pitten, Austria), Hamburger Rieger (Trostberg & Spremberg, Germany) and Hamburger Hungaria (Dunaújváros, Hungary).
SOURCE: Packaging Europe