Smurfit Kappa Group (SKG) has announced its intention to raise prices for brown recycled containerboard across all European markets by €40/t.
The company reports it wants to charge more from 3 April. The increase is due to unprecedented recovered paper prices and the rise of other input costs. It is also supported by good European demand combined with increasing exports, says SKG.
At the start of the year, several major companies announced price hikes for brown recycled containerboard.