LOS ANGELES
,
September 19, 2022
(Industry Intelligence Inc.)
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Hamburger Containerboard has announced a price hike, effective Oct. 1, due to high energy costs. The Austrian maker of recycled corrugated case material will raise prices for corrugated case materials by €125/t (£100/t). The price increase is necessary to ensure production continues amid dramatically rising energy costs, which are up nearly eightfold in past year. "The current price reductions in the PFR [paper for recycling] sector were far from being able to compensate this huge cost disadvantage," the company said in a statement. Hamburger Containerboard will also curb its RCCM production capacity by a total of 70,000 t in September and October. The manufacturer will use the downtime to carry out power plant overhauls at its mills in Hungary and Austria during this period. The company operates two paper machines with total production capacity of 450,000 tpy of recycled fluting, testliner and plasterboard liner at Hamburger Containerboard Pitten mill in Austria. In Dunaujvaros, Hungary, the mill's two containerboard machines have a total production capacity of 700,000 tpy of recycled fluting and testliner grades. The primary source for this article is Euwid, Gernsbach, Germany, published Sept. 14, 2022. To read the original article, click here. (Full report access may require a Euwid subscription.)
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