Mondi Group, Europe’s largest maker of office paper, said the short-term outlook for uncoated fine paper is for unchanged prices, while prices for corrugated paper are increasing as it focuses on demand from emerging markets. “Sales from emerging markets is 52 percent and growing,” Chief Executive Officer David Hathorn said in an phone interview today. Revenue from packaging products, which account for more than 60 percent of sales, are also expected to increase “over time,” he said.
Wednesday, August 8, 2012
Mondi Sees Unchanged Prices For Uncoated Paper
http://www.businessweek.com/news/2012-08-07/mondi-sees-unchanged-prices-in-short-term-for-uncoated-paper
Mondi Group, Europe’s largest maker of office paper, said the short-term outlook for uncoated fine paper is for unchanged prices, while prices for corrugated paper are increasing as it focuses on demand from emerging markets. “Sales from emerging markets is 52 percent and growing,” Chief Executive Officer David Hathorn said in an phone interview today. Revenue from packaging products, which account for more than 60 percent of sales, are also expected to increase “over time,” he said.
Mondi Group, Europe’s largest maker of office paper, said the short-term outlook for uncoated fine paper is for unchanged prices, while prices for corrugated paper are increasing as it focuses on demand from emerging markets. “Sales from emerging markets is 52 percent and growing,” Chief Executive Officer David Hathorn said in an phone interview today. Revenue from packaging products, which account for more than 60 percent of sales, are also expected to increase “over time,” he said.
