Tuesday, January 12, 2021
Sappi Europe is to increase the price of its coated and uncoated woodfree paper grades by 8%-10% across Europe.
The price increase will be implemented by 1 March at the latest
In a statement, the paper manufacturer said: “Decreasing profitability combined with large, sudden cost increases, both in raw materials and logistics make a price increase unavoidable.
“Your local sales office representative will contact you with further market related details.”
Sappi said the increase on sheets and reels will be implemented by 1 March at the latest.
In terms of UK impact, the affected Sappi products are stocked by a number of merchants, including Antalis, Elliott Baxter and Premier Paper.