Pregis Raises Prices on Hexacomb Line in Spain, Portugal

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Pregis Corp.'s Hexacomb business unit, Deerfield, Ill., USA, has announced a 12% price increase on all grades and sizes of its product line shipped to customers in Spain and Portugal. The price increase became effective today, April 1.

The company notes that all of Hexacomb's paper suppliers have increased their pricing recently, adding that the increases are also due to higher raw material costs, limited availability of recycled content, and upward pricing pressure from wood and chemicals. Specifically, supplies of recycled corrugated containers are being diverted to the Chinese market, resulting in less material availability for paper-based conversion in Europe, Pregis explains. Adding to the supply shortage is the reduction in European housing construction starts, which means less scrap wood availability.

Hexacomb is made with 100% paper (all natural, renewable virgin and post consumer recycled fibers) and engineered into a proprietary honeycomb configuration.Hexacomb products include sheets, runners, edge and corner protectors.