Sappi Europe to Increase Pricing On its Range of Fine Paper for Overseas Markets
Nov. 2, 2020 - Sappi Europe today announced that it will increase pricing for its range of fine paper products by 5 - 8% for overseas markets. The price increases will be applied to shipments as of January 2021 at the latest. In a written statement, Sappi said, "The decrease in consumption caused by the Covid-19 pandemic has triggered strong pressure on prices. In combination with cost increases in paper production and transport this has led to unsustainable profitability levels, especially felt in our overseas markets." Sappi is a leading global provider of sustainable woodfibre products and solutions, in the fields of dissolving wood pulp, printing papers, packaging and speciality papers, casting and release papers, biomaterials and bio-energy. For further information, visit: www.sappi.com. SOURCE: Sappi |