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.