Sappi to hike prices

Photo: Sappi
Photo: Sappi

 Continuously rising input costs and consequently declining profit margins make corrective pricing measures inevitable as Sappi Europe’s business is unsustainable at current price levels.

The company are therefore announcing a price increase of 8% for all European coated fine and coated mechanical reels business as per the 1st of July 2015.

The timing and extent of a price rise for coated fine paper sheets will be announced separately.