Lecta to Continue Price Increases on Coated Woodfree Papers
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Lecta, France, the second largest European coated woodfree (CWF) paper producer, made up of Condat, Cartiere del Garda, and Torraspapel, reports that it will continue implementing the announced price increase of 5% to 6% on its CWF paper in all channels and markets justified by the high level prices of main raw materials, transport, and energy. The company adds that further price increases will be needed this year to recover the minimum profitability that would guarantee quality and service levels. Lecta notes that its sales teams are at its customer's disposal to provide them with any information they may require.
Lecta competes in three businesses. The first Lecta business, and by far the most important, is the manufacture of coated fine paper, with current production capacity of about 1,410,000 tons. The second business is the manufacture of about 200,000 tons of specialty paper and 100,000 tons of base paper. Third, Lecta is a distributor of paper in Iberia, France, and Argentina where it sells around 470,000 tons.
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