Lessebo to Raise Prices of Paper and Board
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Lessebo Bruk AB, Sweden, reports that it will raise prices of its paper and board products by a premium of 7%. The increase on all orders and deliveries becomes effective May 1.
The company notes that the European paper industry is facing price increases of paper and board products in various markets. "We, as a producer, justify these price adjustments with insufficient earnings due to increasing costs of raw materials and chemicals, as well as increased transport costs."
The Lessebo mill was acquired by VIDA in 2006, which changed its name to VIDA Paper AB. Then earlier this year, a consortium of Norwegian and local Swedish owners acquired VIDA Paper AB and changed its name to Lessebo Bruk AB.
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