Lecta announces 8% price hike in Europe on its two-side coated woodfree papers, for both sheets and reels, effective early September; company cites need to raise prices due to its eroding profitability
July 9, 2014
– Lecta, the second largest European coated woodfree paper-manufacturing group, announces a price increase of 8% in its 2 side CWF papers.
This price movement is essential in order to reach acceptable profit levels after months of continuously eroding profitability.
The price increase will be applied to deliveries of both sheets and reels in the European markets, effective early September 2014.
Our local offices in Europe will be in contact with our customers to provide specific information on how the price increase will be applied on a country by country basis.