Sappi to increase SBS board prices

Sappi Fine Paper Europe is to increase its SBS board prices in November in response to ‘continuous and sustained’ increases in raw material costs.

As a result, Sappi Fine Paper Europe will be raising its SBS board prices by €75 per ton as of November 15.

‘We have seen a gradual continuing increase in the costs of raw materials required to manufacture our SBS board,’ said Rosemarie Asquino, Sappi Europe’s sales and marketing director for Speciality Papers.

‘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 packaging 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.’

Read more about substrates here