Sappi Ups Specialty Grade Prices
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Sappi Fine Paper Europe, Brussels, Belgium, this week increased prices by 5% to 7% for its flexible packaging, label papers, and release liner grade, effective for deliveries beginning on February 1. The company attributes the price boosts to continuing cost increases for its raw material input, noting that "Sappi Europe faced a major squeeze of its operational margins for specialty grades during recent months. Increased efficiency and cost reduction measures were proactively implemented but proved to be insufficient to offset the steep increase in costs."
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