Papierfabrik to Increase Carbonless Prices

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Papierfabrik August Koehler AG, Germany, willt increase the price for its Reacto carbonless paper by 8% to 10%, with deliveries beginning July 1. The company notes that "despite the already realized increases during the course of this year, the current sales prices are not sufficient to cover the exorbitant increase of pulp and other costs. With the eleventh increase of pulp prices within 12 months, pulp prices have reached a historical high. Only this year, costs for pulp have increased by 60%. This dramatic development could not be foreseen to such an extent and therefore another prompt adjustment of sales prices is necessary."