Canadian
newsprint maker Kruger confirmed today that it will hike the price of 30-lb
(48.8 gsm) newsprint by $40/tonne effective July 1. Kruger is the
second-largest newsprint maker by capacity in North America.
White Birch, North America's third-largest
newsprint maker by capacity behind Resolute Forest Products and Kruger,
announced a similar price increase on May 30. Contacts said late last week they
expected Montreal-based Kruger would match the White Birch hike.
