From the end of July to the beginning of August, a number of foreign paper companies announced the price increase, the price increase is mostly about 10%, some even more, and investigate the reason a number of paper companies agree that the price increase is mainly related to energy costs and logistics cost soaring.
European paper company Sonoco – Alcore announced a price increase for renewable cardboard
European paper company Sonoco – Alcore announced a price increase of €70 per tonne for all renewable paperboard sold in the EMEA region, effective September 1, 2022, due to the continued rise in energy costs in Europe.
Phil Woolley, Vice President, European Paper, said: “Given the recent significant increase in the energy market, the uncertainty faced by the upcoming winter season and the resulting impact on our supply costs, we have no choice but to increase our prices accordingly. Thereafter, we will continue to monitor the situation closely and will take all necessary steps to maintain supplier to our customers. However, we also cannot rule out the possibility that further additions or surcharges may be required at this stage.”
Sonoco-alcore, which produces products such as paper, cardboard and paper tubes, has 24 tube and core plants and five cardboard plants in Europe.
Sappi Europe has all specialty paper prices
In response to the challenge of further increases in pulp, energy, chemicals and transport costs, Sappi has announced further price increases for the European region.
Sappi announced a further 18% price increase across its entire portfolio of specialty paper products. The price increases, which will take effect on September 12, are in addition to an earlier round of increases already announced by Sappi.
Sappi is one of the world’s leading suppliers of sustainable wood fiber products and solutions, specializing in dissolving pulp, printing paper, packaging and specialty paper, release paper, bio materials and bio energy, among others.
Lecta, a European paper company, raises the price of chemical pulp paper
Lecta, a European paper company, has announced an additional 8% to , 10% price increase for all double-sided coated chemical pulp paper (CWF) and uncoated chemical pulp paper (UWF) for deliver starting September 1, 2022 due to unprecedented increases in natural gas and energy costs. The price increase will be designed for all markets worldwide.
Rengo, a Japanese wrapping paper company, raised prices for wrapping paper and cardboard.
Japanese paper maker Rengo recently announced that it will adjust the prices of its carton paper, other cardboard and corrugated packaging.
Since Rengo announced the price adjustment in November 2021, the global fuel price inflation has further global fuel price inflation has further intensified, and the auxiliary materials and logistics costs have continued to rise, putting great pressure on Rengo. Although it continues to maintain the price through thorough cost reduction,but with the continuous depreciation of the Japanese yen, Rengo can hardly efforts. For these reasons, Rengo will continue to increase the prices of its wrapping paper and cardboard.
Box board paper: All cargoes delivered from September 1 will increase by 15 yen or more per kg from the current price.
other cardboard (box board, tube board, particleboard, etc.): All shipments delivered from September 1 will be increased by 15 yen per kg or more from the current price.
Corrugated packaging: The price will be set according to the actual situation of the corrugated mill’s energy costs, auxiliary materials and logistics costs and other factors, the increase will be flexible to determine the price increase.
Headquartered in Japan, Rengo has more than 170 plants in Asia and the United States, and its current corrugated business scope includes universal base corrugated boxes, high-precision printed corrugated packaging and exhibitin rack business, among others.
In addition, in addition to the price increase in paper, wood prices for pulping in Europe have also improved, taking Sweden as an example: According to the Swedish Forest Agency, both sawn lumber and pulping log delivery prices increased in the second quarter of 2022 compared to the first quarter of 2022. Sawwood prices increased by 3%, while pulping logs prices increased by nearly 9%.
Regionally, the biggest increase in sawwood prices was seen in Sweden’s Norra Norrland, up nearly 6 percent, followed by Svealand, up 2 percent. With regard to pulping log prices, there was a wide regional variation, with Sverland seeing the largest increase of 14 percent, while Nola Noland prices were changed.
Post time: Sep-07-2022
