SCA will close its tissue production plant in Sant Joan de Mediona, Spain. The decision is aligned with the company’s strategy to optimize its geographic production footprint in order to drive cost and capital efficiency and further increase value creation in Tissue. SCA remains fully committed to the Spanish market, which is the Group’s sixth largest market based on sales in 2015. The production plant has an annual capacity of 45,000 tons. Production will be discontinued in July 2016.
Sappi Europe announces a price increase for all its woodfree coated and woodfree uncoated paper grades by 7 – 10 % effective 1. June 2021 for all markets in Europe. This is in addition to the previously announced and implemented increases.
Sharply rising input costs in raw materials and freight rates due to global logistic constraints make the increase unavoidable and will likely be followed by subsequent increases as the trend continues.