Sappi Europe announces a price increase for all its woodfree coated and woodfree uncoated paper grades by 7 – 10 % effective 1. June 2021 for all markets in Europe. This is in addition to the previously announced and implemented increases.
Sharply rising input costs in raw materials and freight rates due to global logistic constraints make the increase unavoidable and will likely be followed by subsequent increases as the trend continues.
https://www.sappi.com/sappi-europe-announces-price-rise-for-all-coated-uncoated-paper-grades-in-europe-by-7-10
Related Posts
To ensure future competitiveness of UPM Communication Papers, UPM announces plans for permanent closing of UPM Kaipola paper mill in Finland, sale of UPM Shotton paper mill in Wales and streamlining Communication Papers business function teams. In addition, UPM Biorefining and UPM Specialty Papers announce plans for reorganising and streamlining activities in Finnish pulp mills, UPM Forest and UPM Tervasaari mill in Finland. The planned actions would result in annual cost savings of EUR 75 million. Decisions on the final plans will be made after the co-determination procedures have been concluded. The planned closure of UPM Kaipola’s three paper machines would impact approximately 450 positions and lead to a permanent reduction of 720,000 tonnes of graphic paper capacity, thereof 450,000 tonnes of newsprint and 270,000 tonnes of coated mechanical paper.
A robust COVID-19 operational plan focused on the health and safety of employees, contractors and the wider community has been vetted and reviewed with provincial officials. The $20 million maintenance shutdown at Irving Tissue and Irving Pulp & Paper will proceed beginning Sunday May 30. The mills are scheduled for maintenance every 12 to 18 months to inspect, certify, upgrade and maintain machinery. Recent shutdown plans have been deferred twice, due to the pandemic. The last maintenance shutdown was performed in September 2019. “The work underway represents an annual investment in the future of the mill and community. Ongoing maintenance work and investments in environmental improvements and equipment modernization are what have allowed it to be one of the longest running mills in the country,” says Mark Mosher, VP of Irving Pulp & Paper, Limited. “Today, the Saint John pulp mill is at the heart of the forest products value chain in the province and sustains many jobs across New Brunswick communities.” More than 800 local contractors will be on-site over a 12-day period to complete key maintenance work.
Norske Skog has entered into agreement with Boyer Capital Pty Ltd, to sell the Boyer mill at an enterprise value of approximately NOK 190 million. The transaction is expected to be completed during the first quarter of 2025.
“We are very pleased to conclude our orderly exit from Australasia with the divestment of the Boyer mill. The discussions with David Marriner and Boyer Capital have been ongoing for some time and we believe they represent the ideal owner to both continue the production of publication paper and develop the industrial site for future activities. Norske Skog will now focus fully on the successful ramp-up of containerboard production at the Golbey mill and completing the BCTMP study at the Saugbrugs mill”, said Geir Drangsland, CEO of Norske Skog.