The recent high market demand combined with continued rising costs in raw materials means that we must raise prices. The improving economic outlook has begun to facilitate the potential to take steps to repair financial performance which is still at unsustainable levels following the recent financial crisis.
M-real will therefore increase prices for all woodfree uncoated and recycled papers in reels, cut sizes and folio sheets across all European business by 8%. The increase will take effect for all deliveries invoiced from Monday 1st of March 2010 onwards.
M-real representatives will be contacting all partners to ensure that this increase is implemented as smoothly as possible in order to maintain a continuity of supply and avoid any possible disruption or uncertainty.
