Sappi Europe to Raise Prices for LWC, MWC Grades
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Due to continuing input cost increases, Sappi Europe, Brussels, Belgium, reports that it is forced to continue passing on this cost inflation by increasing its LWC and MWC grades prices by 6%-8%, beginning Jan. 1, 2018, for all markets. This follows previous announcements made for its woodfree coated and woodfree uncoated grades.
Despite strong order books, margins continue to be depressed by this severe input cost inflation. Sappi’s sales representatives will be in touch with their customers to agree on the specifics over the following weeks.
