Sappi Europe to increase prices for Mechanical Coated paper grades by 4% from April 1st 2018

Effective with all new and existing orders with confirmed delivery dates of July 1, 2018 or later, Verso Corporation is increasing the transaction price of all Coated Freesheet Web and Coated Groundwood Web grades by 4% to 6%. This includes, but, is not limited to: ArborWeb Plus® web; Sterling® Ultra web; Sterling® Ultra caliper web; Productolith® Pts. web; Publishers Matte®; Publishers ThinBulk®; ArborWeb® web; Influence® web; Focus® web; Liberty® web; Balance® web; New Era® Matte; New Era® ThinBulk. The increase applies to all basis weights, bulks, finishes and related private label grades.

As we look to celebrate our 90-year anniversary in 2021, we will be going back to our roots to focus on what we do best: making the most enduring and beautiful papers in the world. In that spirit, the Mohawk management team is committed to reshaping our business to meet the evolving needs of the market to ensure sustainable and profitable growth. Mohawk will refocus our product portfolio leading with beautifully crafted & differentiated products that have defined Mohawk for decades. Effective immediately, we will begin to phase out and discontinue the sales and marketing efforts for: • Mohawk Specialty Digital portfolio which includes all Polyesters, PVC, Synthetic Paper, and PaperTyger® products • Chromolux portfolio from Zanders • Mohawk Everyday Digital Gloss & Silk • Mohawk Loop Silk Coated • Mohawk ProPhoto • And a number of slow-moving items for both paper and envelopes. Contact your Midland Paper, Packaging & Supplies sales professional for additional information.

Due to continuing input cost increases and unsustainable profit levels, Sappi is forced to continue passing on this cost inflation by increasing its Woodfree grades prices by 6-8% effective on deliveries from January 1st 2018 for all European markets. This follows previous announcements made for its LWC and MWC grades. Despite strong order books margins continue to be depressed by this severe input cost inflation. Sappi’s sales representatives will be in touch with their customers to agree on the specifics over the following weeks.