PaperAge Magazine

Sappi Europe Announces Price Increases for Coated and Uncoated Grades of Paper

Sappi Stockstadt Mill - paper reels

Feb. 5, 2018 - Sappi Europe on Feb. 1 announced price increases of 6% for all uncoated grades and 4% for all coated grades, effective April 1.

The price hikes will apply to all European and Overseas markets.

Sappi said the price increases are due to increasing costs for pulp and other raw materials, and that "the measure is necessary to mitigate continuing margin erosion.

Practical implementation will be discussed by Sappi's sales team with individual customers over the next weeks.

Headquartered in Brussels, Belgium, Sappi Europe SA is the leading European producer of coated fine paper used in premium magazines, catalogues, books and high-end print advertising. To learn more about the company, please visit: www.sappi.com.

SOURCE: Sappi