Sappi Europe announces a price increase for all its Packaging and Speciality paper grades by 7 – 11 % valid for deliveries from 1 April 2021.
Sharply rising input costs, particularly relevant to pulp and energy in combination with very high freight rates due to global logistic constraints make price increases unavoidable.
https://www.sappi.com/sappi-europe-announces-price-increase-for-packaging-and-speciality-papers
Related Posts
Sappi Maastricht and the Belvédère Wijkontwikkelingsmaatschappij (Neighborhood Development Company, WOM) of the Municipality of Maastricht have signed an agreement that will finalize the sale of the southwestern part of the Maastricht paper mill site to the WOM. The sale and subsequent purchase of this land creates a win-win situation for both parties as well as to the local area and will have no negative impact on employment at the Sappi site. In order to survive in this shrinking market and to guarantee continuity and employment, Sappi Maastricht started three years ago with the transition into luxury packaging board. This activity mainly takes place on the north side of the company site. The southwestern part is therefore less intensively used and was eligible for sale to the WOM. Ferdinand Koster, director of Sappi Maastricht commented: "This sale makes it possible for us to invest in the future of Sappi Maastricht. We will use the resources to improve internal logistics and additionally improve the sustainability of our production processes. "
• Q3 2023 consolidated operating loss of $65 million, including a $49 million operating loss from the pulp business; adjusted operating loss of $86 million; adjusted shareholder net loss of $19 million, or $0.16 per share • Continued strong results in the US South; solid European results despite seasonal downtime; another challenging quarter for Western Canada • Persistent pressure on global lumber market demand and pricing through much of the quarter • Market-driven curtailments in Western Canada & seasonal downtime in Europe led to lower shipments • Confirmed future investment of approximately $200 million in a new, state-of-the-art manufacturing facility in Houston, British Columbia • Challenging results for Canfor Pulp despite stable global pulp market fundamentals; Northwood NBSK Pulp Mill scheduled maintenance completed as planned; restart delayed due to operational challenges
Kimberly-Clark has announced a major expansion of its manufacturing operations in Mobile, Alabama, with a planned investment exceeding $130 million. The project includes the installation of a new production line…