M-real to Raise Woodfree Uncoated Prices in Europe

M-real Office Papers, Finland, this week reported that it will increase prices for all of its woodfree uncoated and recycled paper products across Europe by 5% - 8%, beginning in August. The company attributed the increases to rising costs of key raw materials, including pulp, starch, and other chemicals, as well as energy.

"We must put up our prices so we can continue to deliver quality, innovative paper products," said Marcel Bigler, SVP, Sales, Marketing and Supply Chain for M-real Office Paper. "Trying to absorb the escalating costs of our key raw materials and energy is no longer an option."

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