Verso Corporation Announces Price Increase on Coated Web Products

Due to the current extraordinary situation, a temporary cost surcharge for our products is unfortunately unavoidable. The general surcharge will be levied on a segment basis and will apply from 1 April 2022 until further notice. The cost surcharge will affect all products produced in Germany. The surcharge will be shown separately on the invoice. Against the background of the current dynamics in the markets, we ask for your understanding for this measure and the short notice involved. Thank you very much.

Metsä Group is planning to construct a new Kerto® LVL mill on its expanding mill area in Äänekoski, Finland. The final decision on the investment, the value of which is approximately EUR 200 million, is pending the completion of a local detailed plan for the area. The new Kerto LVL mill is expected to use around 375,000 cubic metres of log procured from Finland. According to plans, the production of the new mill will be mainly sold to customers in Europe and Asia. The market outlook is excellent for lightweight, environmentally friendly Kerto LVL products that speed up construction, especially in industrial prefabrication, modular construction and traditional project construction. The development of a hybrid element structure combining concrete and Kerto LVL products has also made good progress and will further boost demand.

Koehler Paper Group, leading manufacturer of thermal paper is increasing prices for its thermal paper product range by 12-15 % for shipments from April 1st, 2018 onwards. This increase is essential in order to offset the extreme rise of specialty chemical costs, mainly colorformer as well as historically high pulp prices.