UPM announces U.S. price increases of US$40/ton for lightweight coated groundwood and US$30/ton for coated freesheet web papers price for shipments starting July 1
April 16, 2012
– UPM-Kymmene Inc. today announced that it will increase its prices in the U.S. of all lightweight coated (LWC) groundwood by US$40 per ton (US$2.00 per cwt) and of coated freesheet (CFS) web papers by $30/ton ($1.50/ton) beginning with all orders delivering on or after July 1.
The LWC products include UPM Cote, UPM Satin, UPM Ultra, and UPM Star.
The affected web product is UPM’ Finesse brand.
The increases are for all basis weights and finishes.
UPM’s LWC announcement is in contrast to those of Verso Paper Corp. and NewPage Corp., which recently separately announced increases of $60/ton, effective May 1.