Sappi Europe announces price increases of 6%-9% for its coated mechanical reel products due to continuing high cost, volatility in raw materials, energy and transportation; price hikes to be implemented in October

Sample article from our Pulp & Paper Industry

September 20, 2022 (press release) –

Due to continuing high cost and volatility in raw materials, energy and transportation Sappi Europe has announced a price increase to its Coated Mechanical reels. The adjustment will range between 6-9% and will be implemented during the month of October.

Sappi’s European sales team will be in further contact directly with customers to discuss the details of the implementation.

The business climate remains extremely challenging for everyone, and Sappi appreciates all its customers support in these difficult times.

ENDS

About Sappi

Sappi is a leading global provider of sustainable woodfibre products and solutions, in the fields of Dissolving pulp, Printing papers, Packaging and speciality papers, Casting and release papers, Biomaterials and Bio-energy. As a company that relies on renewable natural resources, sustainability is at our core. Sappi European mills hold chain of custody certifications under the Forest Stewardship Council™ (FSC™ C015022) and the Programme for the Endorsement of Forest Certification (PEFC/07-32-76) systems. Our papers are produced in mills accredited with ISO 9001, ISO 14001, ISO 50 001 and ISO 45 001 certification. We have EMAS registration at 5 of our 10 mills in Europe. Sappi Europe is a division of Sappi Limited (JSE), headquartered in Johannesburg, South Africa, with 12,500 employees and 19 production facilities on three continents in nine countries, 37 sales offices globally, and customers in over 150 countries around the world.

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