Jul 19, 2014. /Lesprom Network/.
Papyrus has been experiencing a long period of decreasing prices and
continuous profit deterioration within the coated woodfree paper sector. A
continuation of this situation is unsustainable. To secure the long term future
of the company and the availability of coated papers, Papyrus announces in
local markets a price increase for coated woodfree reels and sheets of 8% as of September 1, 2014, the company said
in the press release received by Lesprom Network.
Papyrus, with net sales of Euro 1,604 million in 2013, is a leading
European merchant in paper, facility supplies and industrial packaging.