Felix Schoeller Group increases prices by up to 6% for its digital media, release segments of specialty papers with effect from Apr. 1; company says price hike comes amid continuing sharp rise in costs for raw materials, freight, packaging

Sample article from our Pulp & Paper Industry

OSNABRUCK, Germany , February 23, 2022 (press release) –

Due to the continuing sharp rise in costs on the purchasing side, the Felix Schoeller Group is once again adjusting the selling prices for its speciality papers with effect from 1st April 2022.

The cost of main raw materials such as pulp and chemicals as well as freight and packaging costs continue to rise dramatically.  To compensate for these increases, the Felix Schoeller Group will implement price increases of up to 6% for the Digital Media and Release segments for deliveries from 1 April 2022.

"The current cost explosion significantly exceeds the scope of our last price adjustment. It is therefore unavoidable to implement another price increase in the market," explains Hans-Christoph Gallenkamp, CEO of the Felix Schoeller Group. "This step is necessary in order to remain a strong partner for our customers in the future and to continue to offer excellent products and services," Hans-Christoph Gallenkamp adds.

The Osnabrück-based speciality paper manufacturer had most recently raised its prices in the Digital Media and Release product segments as of 1 February 2022.

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