SBS board prices will rise by €75/tonne effective from 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 sales and 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.”
Sappi said that the main markets for its SBS board were: premium packaging, including perfume, beauty care, confectionary, luxury drinks and cosmetics; and premium graphic packaging, including POS, books, inserts, posters, displays and greetings cards.