Sappi Europe to Boost Prices for Coated, Uncoated Graphic Papers and Specialty Papers
Oct. 20, 2015 - Sappi Europe announced a price increase of 5-8% for all European coated and uncoated graphic paper.
The company also said that it will increase the price for its specialty paper grades by 5-7 % to all European and Overseas markets. This includes all coated and uncoated Flexpack papers, Siliconising base papers, Rigid Packaging products, and Containerboard and Label papers.
All price increases take effect as of January 2016.
In a written statement, Sappi said, “Continuously rising input costs and consequently squeezed profit margins make corrective pricing measures essential as Sappi Europe's business is unsustainable at current price levels.”
SOURCE: Sappi Europe