April 7, 2021 - Sappi Europe today announced price increases for all of its mechanical coated, woodfree coated and woodfree uncoated paper grades by 8-11 % with immediate effect as contracts permit for its export markets.
This price increase is in addition to the previously announced and implemented increases, Sappi noted.
"Sharply rising input costs in raw materials and freight rates due to global logistic constraints make the increase unavoidable and will likely be followed by subsequent increases as the trend continues," Sappi said in a press release.
Sappi's sales team will be in contact with customers to discuss the details and support the implementation, taking into account individual existing agreements.
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
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