Papyrus to increase prices for coated papers in Europe

Papyrus has been experiencing a long period of decreasing prices and continuous profit deterioration within the coated woodfree paper sector. A continuation of this situation is unsustainable. To secure the long term future of the company and the availability of coated papers, Papyrus today announces in local markets a price increase for coated woodfree reels and sheets of 8% as of September 1, 2014.

For further information, please contact:
Stefan Syrén, Senior Vice President Papyrus, tel: +49 173 5278323

Papyrus
Papyrus, with net sales of EUR 1,604 million in 2013, is a leading European merchant in paper, facility supplies and industrial packaging. The company is currently present in 20 countries across Europe and employs some 2,000 people. Papyrus supports more than 68,000 customers by providing products and services that enhance efficiency and contribute to a more successful business. With a long tradition and record of excellence, Papyrus is committed to staying at the forefront by offering quality products, high service levels and reliable logistics solutions. The Papyrus head office is located in Gothenburg, Sweden.

www.papyrus.com

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