Europe

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EU
Today’s cost structure, declining margins and hence low levels of profitability makes a price increase inevitable and as a result Sappi Europe will increase all uncoated fine papers (cut size, folio and reels) by 5-8% as from 1st April 2015.
On the 27th of February 2015, employees from Sappi Europe’s Headquarters in Brussels headed out to the Forêt de Soignes with a batch of 1,400 saplings, ready to be planted. A further 2,600 will be planted by Natuur en Bos on behalf of Sappi. This will bring to over 12,000 the number of trees replanted by the group since the initiative started 5 years ago.
Sappi Limited, a leading global producer of dissolving pulp and graphics, speciality and packaging papers, is pleased to announce that it will build a pilot-scale plant for low-cost Cellulose NanoFibrils (nanocellulose) production at the Brightlands Chemelot Campus in Sittard-Geleen in the Netherlands.
The significant increase of raw material costs, particularly pulp, makes it necessary for Sappi Europe to adjust prices upwards for Speciality papers from April 15th. The price rise will apply to all European and Overseas markets.
Sappi Europe confirms that it is no longer supplying paper sold under the Galaxi Keramik* brand. However this paper continues to be available on the market under its mill brand name MagnoTM satin through our new Magno merchant partners, Igepa in Germany, France and Switzerland as well as through Papyrus in France.
Sappi Speciality Papers announces the introduction of atelier, a brand-new concept in folding box board (FBB) that broadens Sappi’s offering in terms of both width and depth of coated virgin fibre carton boards for the packaging market. atelier, a hybrid FBB product that exceeds current market standards, is available in weights from 220 gsm to 350 gsm and is being produced at the company’s Maastricht mill.
Sappi results for 3rd quarter ended June 2015 highlights impact of exchange rates in seasonally weak quarter
This investment sees Sappi raising the quality standard and quality assurance levels in the production of special papers on PM2
Continuously rising input costs and consequently declining profit margins make corrective pricing measures inevitable as Sappi Europe’s business is unsustainable at current price levels.
Following our announcement on 8 May of a price increase for European coated fine and coated mechanical reels, Sappi Europe confirm our intention to raise prices also for woodfree coated sheets by 8% and a further increase on woodfree uncoated sheets and reels by 5-8% effective 1st of July 2015.

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