Sappi Fine Paper Europe will raise its SBS board prices by 75 Euro per ton on 15 November. It blames the “continuous and sustained increases in costs of raw materials.”
Rosemarie Asquino, Sappi Europe’s sales and marketing director, Speciality Papers, said: "We have seen a gradual continuing increase in the costs of raw materials required to manufacture our SBS board. We understand that this may cause some difficulty for customers, who are also facing their own pricing instability. However, it is critical that we are able to continue to provide the highest quality board that will enable our customers to meet and exceed their needs.
“This price increase will ensure that our manufacturing dynamics are sustainable and that we can continue to deliver the exceptional quality materials and services our customers have come to expect from Sappi."