Log In | Become a Member | Contact Us

Market Intelligence for Printing and Publishing

Connect on Twitter | Facebook | LinkedIn

Featured:     M&A Trends     Production Inkjet     Installations and Placements Tracker

Sappi Corrects Belgian News Media Reports

Tuesday, April 26, 2005

Press release from the issuing company

April 25, 2005 -- Commenting on recent reports in the Belgian news media, Sappi Limited confirms that the closure of one of its two paper machines at Lanaken mill is of a temporary nature. As known, due to the continuous sharp increase of input costs, Sappi's European management recently increased the price for coated papers. Consequently, its order intake reduced and forced the company to stop the paper machine to avoid the build up of excessive mill inventories. Prevailing healthy market conditions will ensure that the paper machine's start-up is imminent.




Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2018 WhatTheyThink. All Rights Reserved