Sappi Europe announces a price increase of 8% for all European coated and uncoated fine paper business, both sheets and reels, as per the 15th of March 2017.

Printing Papers

Sappi Europe to increase prices for its European coated and uncoated fine papers

Sappi Europe announces a price increase of 8% for all European coated and uncoated fine paper business, both sheets and reels, as per the 15th of March 2017.

For the Sappi Europe grades exported outside of Europe the company will selectively apply a price increase based on specific local circumstances.

The sudden and continuing sharp rise in input costs and the consequently squeezed profit margins make corrective pricing measures inevitable as Sappi Europe’s Graphics business becomes unsustainable at current price levels, the company says in the press release received by Lesprom Network.

Sappi is a global company focused on providing dissolving wood pulp, paper pulp, paper-based and biorefinery solutions.