April 12, 2022 - Sappi Europe said that it is forced to increase prices for coated mechanical reel products to European customers by 8%, effective May 15, due to continuing high cost and volatility in raw materials, energy and transportation.
This is in addition to previously announced price increases, Sappi added.
Sappi's European sales team will be in further contact directly with customers to discuss the details of the implementation.
In a press release, Sappi said, "The business climate remains extremely challenging for everyone, and Sappi appreciates all its customers support in these difficult times."
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 Europe
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