RDM announces price increase

Italian recycled cartonboard manufacturer Reno de Medici (RDM) has informed customers of plans to increase cartonboard prices by 60 € or 50 £/t.

The new prices are valid for board dispatched from 1 March, the company stated.

RDM only recently announced plans to close its Italian mill Santa Lucia, taking roughly 220,000 tpy of WLC out of the market.

The company's French mill Blendecques has also been running at reduced capacity after flooding in Q4 2023.

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