Sappi Europe continues to face increasing costs to its Graphic Paper business, related to energy costs as well as raw material cost rises due to availability challenges. It is forecast that this volatile environment will persist for now due to the current uncertain political and economic climate. Accordingly in order to maintain profitability and keep its mills running full, Sappi will implement a further price increase of 10% to its Woodfree paper grades effective for deliveries from early April latest beginning May depending on the market. This will be in addition to the previously announced increases.
The business climate remains extremely challenging for everyone, and Sappi appreciates all its customers support in these difficult times.
The local Sappi sales offices are in touch with customers to discuss the detailed implementation.
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 SA 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.
Learn more about Sappi at www.sappi.com.