Mondi, a global leader in the manufacture of paper and packaging products, has announced a price increase of 100€/tonne for all sack kraft paper grades, from 1 August 2010 for all European markets.
Conny Josefsson, Sales and Marketing Director Kraft Paper, states that although prices have risen several times this year, the latest increase returns prices back to the level seen at the beginning of 2008. He anticipates further price hikes towards the end of the year ‘to compensate for the steep increases in raw material costs’.