Sappi Europe Hikes Prices for WFC, WFU Papers by 6% - 8%
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Due to continuing input cost increases and unsustainable profit levels, Sappi Europe, Brussels, Belgium, says it is forced to continue passing on this cost inflation by increasing its wood free coated (WFC) and woodfree uncoated (WFU) papers in sheets and reels by 6% - 8%, effective with deliveries beginning April 1, 2018, for all European and Overseas markets.
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 during the following weeks.
