Sappi Europe to increase coated and uncoated fine paper sheet prices

Following our announcement on 8 May of a  price increase for  European coated fine and coated mechanical reels, Sappi Europe confirm our intention to raise prices also for woodfree coated sheets by 8% and a further increase on woodfree uncoated sheets and reels by 5-8% effective 1st of July 2015.

Ongoing  cost increases allied with present price levels has led to unsustainable profitability  for this business also, therefore corrective price actions are inevitable.

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