Sappi Europe will renew price negotiations to reach the level of min. 10% originally announced, with implementation latest by 1 May 2024.
Prices for coated and uncoated fine papers were increased during January and February but not to the levels necessary to maintain a viable business. Cost levels, particularly for pulp and transport have continued to increase heavily and are expected to escalate further in the coming months.
Sappi is a leading global provider of sustainable woodfibre products and solutions, in the fields of dissolving pulp, printing papers, packaging and speciality papers, casting and release papers, biomaterials and bioenergy.
