Sappi Europe announces a further price increase for Coated and Uncoated Fine papers

Prices for Coated and Uncoated Fine papers were increased during January and February but not to the levels necessary to maintain a viable business. Cost levels, particularly for pulp and transport have continued to increase heavily and are expected to escalate further in the coming months. Accordingly, Sappi will renew price negotiations to reach the level of min. 10% originally announced, with implementation latest by 1 May 2024.