Sappi Europe announced 5-8% price increase for its Woodfree papers (WFU/WFC) Sheets and Reels grade from October 2017 onwards. The company stated that despite strong order books and good operating rates, margins continued to be depressed by this severe input cost inflation.
On June 15 , 2017 Sappi Europe has implemented the previous price increase for its Woodfree papers (WFU/WFC) .
South African Pulp and Paper Industries (Sappi) Limited was founded in 1936. The company is headquartered in Johannesburg. It is focuses on commodity paper products, pulp, chemical cellulose and forest and timber products for Southern Africa and export markets. In 2013, it was reported as the world’s largest producer of dissolving wood pulp.