Feb 23, 2006. /Lesprom Network/. American Israeli Paper Mills Ltd. announced that it had notified its customers of its intention to increase prices of packaging paper in the amount of 8% starting this month. Mondi Business Hadera Paper Ltd., an associated company, also notified its customers of a price increase of printing and writing paper in the amount of 6%-8%. According to company, the price increases are necessary due to the global increase of pulp prices, which is partially derived from the continuing growth in demand for pulp in South East Asia, the beginning of recovery of demand for pulp in Europe and the rise in oil prices in the world. The Company cannot estimate at this stage the influence of the price increases on its financial results.