Feldmuehle to Increase Prices for Wet Strength Label Paper by 5%
Sept 12, 2019 - German specialty paper producer Feldmuehle GmbH announced that it will increase prices for wet strength label paper qualities by 5% as of January 2020.
According to the company, the move is driven by a continued reduction of stock levels in conjunction with rising demand.
Feldmuehle explained that ecological measures on recycling have decreased the common uses of plastic-based products in order to be substituted by paper-based options, which are less harmful for the environment.
Feldmuehle also noted that raw material costs of pulp, chemicals and other materials are still at a high level, and that energy and transportation costs continue to rise.
Feldmuehle GmbH develops and manufactures high-quality white coated label papers and packaging papers for the German and international market. In these two business areas, the company offers a broad product portfolio for the label and packaging industry, printing houses, brand owners and converters. To learn more, please visit: www.feldmuehle-uetersen.com.
SOURCE: Feldmuehle GmbH