Sappi Europe Announces Price Increases for Woodfree Coated and Woodfree Uncoated Paper Grades
Feb. 11, 2020 - Sappi Europe today announced that it will increase prices for Woodfree Coated and Woodfree Uncoated paper grades by 5-8% for all export markets with immediate effect. In a written statement, Sappi said, "Decreasing profitability combined with further cost increases makes a 5-8% price increase in Sappi's Export markets unavoidable. This increase affects WFC and WFU sheets and reels and is valid with immediate effect." Sappi noted that its sales teams will be in contact with customers for further market related details. Headquartered in Brussels, Belgium, Sappi Europe SA is a leading European producer of coated fine paper used in premium magazines, catalogues, books and high-end print advertising. To learn more, visit: www.sappi.com. SOURCE: Sappi |