Rottneros Hikes CTMP Price EUR 30/Metric Ton

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Rottneros, Stockholm, Sweden, has increase the price for all of its CTMP (chemi-thermomechanical pulp) grades by EUR 30/metric ton for all deliveries beginning March 1. The company notes that the increased price is a result of good demand, particularly in Asia, which has encouraged Rottneros to increase its prices in Europe as well.

In addition to the good demand for CTMP, there has been a considerable reduction in global stock levels of eucalyptus kraft and prices have improved since December 2011, which also supports the decision to increase the price for CTMP grades, Rottneros says.

Rottneros is an independent producer of market pulp. The Group includes the parent company Rottneros AB and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes the wood procurement company Rottneros Baltic SIA in Latvia. With some 298 employees, the Group had a turnover of approximately SEK 1.5 billion in the 2011 financial year.