Pregis Corp.'s Hexacomb business unit. Ermelo, The Netherlands, this week implemented a 6% price increase on all grades and sizes of its product line shipped to customers in the U.K., Germany, France, Belgium, and The Netherlands. Pregis notes that the latest price increase has become necessary due to additional upward pricing pressure from paper, fuel, and adhesives. Testliner prices rose approximately EUR 30 per metric ton during April, it adds, which puts the increase at more than 25% since October 2009.
"World demand for pulp, which is the primary component of our linerboard, is continuing its two year climb. This, coupled with the other escalating raw material prices, is forcing us to increase our prices so that we can maintain our quality supply. Superior raw material is a critical component in helping us deliver the high level of engineered performance required by our customers," said Jeff Kellar, president, Hexacomb.
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