Wednesday, September 18, 2013

Hansol Raises Coated Prices 8-11%

http://www.hansolpaper.co.kr/eng/corporation/overview.asp
South Korea's largest paper and board producer, Hansol Paper, has tabled price increases of 5-7% from September 1 and is set to seek additional hikes of 3-4% from October 1 for coated fine paper and duplex board exports.
The proposed rises will be implemented on orders received from that date on the company's coated fine paper, including one-side coated products, and also on coated recycled board grades, such as grayback coated duplex board and whiteback coated duplex board.
Hansol attributed the hike to the rising costs of raw materials, including market pulp, chemicals and energy.