From the end of July to the beginning of August, a number of foreign paper enterprises announced price increases, most of which were about 10%, some even more. After investigating the reasons, many paper enterprises agreed that the price increase was mainly related to the soaring energy costs and logistics costs.

Sonoco Alcore, a European paper company, announced a rise in the price of renewable paperboard

Recently, Sonoco Alcore, a European paper company, announced that the price of all renewable paperboard sold by the company in Europe, the Middle East and Africa would be increased by 70 euros per ton due to the continuous rise of European energy costs, which will take effect on September 1, 2022.

Phil Woolley, Vice President of European Paper Business, said: “In view of the recent sharp rise in the energy market, the uncertainty faced by the upcoming winter and the impact on our supply costs, we have no choice but to increase the price accordingly. Later, we will continue to pay close attention to the latest situation, and will take all necessary measures to maintain the supply to customers. However, we cannot rule out the possibility that we need to further increase or charge surcharges at this stage.”

Sonoco Alcore mainly produces paper, paperboard, paper tubes and other products. It has 24 tube core factories and 5 paperboard factories in Europe.

The price of all specialty papers under Sappi Europe has risen

In response to the challenge of further rising pulp, energy, chemicals and transport costs, Sappi announced that the European region will further raise prices.

Sappi announced that the price of its entire specialty paper product portfolio will rise further by 18%. The price increase will take effect on September 12, and Sappi has announced a round of price increase before, which is a supplement to the earlier resolution.

Sappi is one of the world’s leading suppliers of sustainable wood fiber products and solutions, mainly producing dissolved pulp, printing paper, packaging and specialty paper, release paper, biological materials and bioenergy.

European paper enterprise Lecta raises the price of chemical pulp paper

Due to the unprecedented growth of natural gas and energy costs, European paper company Lecta announced that the price of all double-sided coated chemical paper (CWF) and uncoated chemical paper (UWF) delivered from September 1, 2022 would increase by an additional 8% to 10%. Price increases will design all markets worldwide.

The price of packaging paper and paperboard under Rengo, a Japanese packaging paper company, rose

Rengo, a Japanese paper company, recently announced that it would adjust the price of its cardboard, other cardboard and corrugated packaging.

Since Rengo announced the price adjustment in November 2021, the global fuel price inflation has further intensified, and the cost of auxiliary materials and logistics has continued to rise, which has caused great pressure on Rengo. Although Rengo continues to maintain the price by completely reducing the cost, with the continued depreciation of the yen, it is difficult for Rengo to bear further cost increases by its own efforts. For these reasons, Rengo will continue to increase the price of its packaging paper and cardboard.

Carton board: All goods delivered from September 1 will be 15 yen or more more per kilogram than the current price.

Other cardboard (carton board, tube board, particle board, etc.): All goods delivered from September 1 will be 15 yen or more more per kilogram than the current price.

Corrugated packaging: The price rise will be set according to the actual situation of the corrugated paper factory’s energy cost, auxiliary materials, logistics cost and other factors, so as to flexibly determine the price rise.

Rengo, headquartered in Japan, has more than 170 factories in Asia and the United States. At present, its corrugated cardboard business scope includes general basic corrugated boxes, high-precision printing corrugated packaging, exhibition racks, etc.

In addition, in addition to the price increase of paper, the price of wood for pulping in Europe has also increased. Take Sweden as an example: according to the data of the Swedish Forest Agency, compared with the first quarter of 2022, the delivery prices of sawn wood and logs for pulping in Sweden in the second quarter of 2022 have increased. The price of sawn timber increased by 3%, and the price of logs for pulping increased by nearly 9%.

In terms of regions, Norra Norland in Sweden saw the biggest increase in sawmill prices, with an increase of nearly 6%, followed by Svealand, with an increase of 2%. With regard to the price of logs for pulping, there are great regional differences. Sveland has the largest increase of 14%, while Nora Noran’s price has not changed.