SAPPI LIMITED Due to continuing input cost increases and unsustainable profit levels, Sappi is forced to continue passing on this cost inflation by increasing its Woodfree grades prices by 6-8% effective on deliveries from January 1st 2018 for all European markets. This follows previous announcements made for its LWC and MWC grades.
Despite strong order books margins continue to be depressed by this severe input cost inflation. Sappi's sales representatives will be in touch with their customers to agree on the specifics over the following weeks.
Sappi Limited published this content on 17 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 November 2017 07:52:01 UTC.
Original documenthttps://www.sappi.com/sappi-increase-prices-woodfree-grades-6-8-january-1st-2018
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