May 28, 2015. /Lesprom Network/.
Following its announcement on 8 May of a
price increase for European
coated fine and coated mechanical reels, Sappi Europe confirm its intention to
raise prices also for woodfree coated sheets by 8% and a further increase on
woodfree uncoated sheets and reels by 5-8% effective 1st of July 2015, as the
company said in the press release received by Lesprom Network.
Ongoing cost increases allied
with present price levels has led to unsustainable profitability for this
business also, therefore corrective price actions are inevitable.
Sappi Europe SA is the leading European producer of coated fine paper
used in premium magazines, catalogues, books and high-end print advertising.