Sappi Fine Paper Europe to adjust SBS board prices in November

Brussels, (PresseBox) - In light of continuous and sustained increases in costs of raw materials, Sappi Fine Paper Europe will be raising its SBS board prices by 75 €/ton effective 15 November 2013.

"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 & Marketing Director 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."

For more information about this pricing action, Sappi customers are encouraged to reach out to their Sappi sales representative or per email to speciality.paper@sappi.com

Sappi Fine Paper Europe

Sappi Fine Paper Europe (SFPE) is the leading European producer of coated fine paper used in premium magazines, catalogues, books and high-end print advertising. Headquartered in Brussels, Belgium, Sappi Fine Paper Europe is recognised for innovation and quality. Its graphic paper brands include Magno(TM) , Quatro(TM) , Royal(TM) , Galerie(TM) , GalerieArt(TM) and Jaz(TM) ranges. Algro®, Fusion®, Leine® and Parade® are the brands for speciality labelling, topliner, packaging papers and boards. Sappi papers are produced in mills accredited with ISO 9001 and ISO 14001 certification and EMAS registration for all our mills in the EU. SFPE's mills hold chain-of-custody certification under the Forest Stewardship Council® (FSC®) and/or the Programme for the Endorsement of Forest Certification® (PEFC®) schemes.

Sappi Fine Paper Europe is a division of Sappi Limited (JSE), a global company headquartered in Johannesburg, South Africa, with over 14,000 employees and manufacturing operations on three continents in seven countries, sales offices in 50 countries, and customers in over 100 countries around the world. Learn more about Sappi at www.sappi.com.

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