Sappi Europe announces fine paper price hike

Areal views Sappi Europe Gratkorn paper mill in Austria.
Sappi's Gratkorn paper mill is a major producers
of woodfree coated paper in Europe.
12 Feb 2020 − 

Sappi Europe has launched a price hike initiative for woodfree coated and uncoated paper in sheets and reels on export markets.

Sappi Europe plans to increase fine paper prices for deliveries to export markets. According to Sappi, "decreasing profitability combined with further cost increases" makes a price increase in Sappi's export markets unavoidable. The price hike of 5-8% is reportedly valid with immediate effect.

Sappi Europe produces woodfree paper at mills in Germany, Austria, Belgium and the Netherlands. The company is currently considering to shut down paper machine PM 2 at the German mill in Stockstadt and reduce its production capacity for woodfree coated papers by 240,000 tpy.

In order to adjust its capacity in line with market demand the company is considering to operate fewer machines and to relocate production output of PM 2 at its Stockstadt mill to other Sappi machines in Europe, the company said.

This article is part of our coverage on Sappi and the fine and publication paper markets in Europe.

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