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price increase on all its Specialty papers grades
CorporateInvestor

Lecta to increase Specialty papers prices by 12% to 14% in all markets

CorporateInvestor

10/14/2021 8:00 AM

price announcements | specialty paper

 

Lecta announces a price increase of 12% to 14% on all its Specialty papers grades.

This price increase is essential in order to offset the exceptional increase in raw materials driven by the soaring price of gas, energy and chemical costs.

The new prices for Thermal, Carbonless, Labels and Flexible Packaging papers will be effective on deliveries from new orders and applied in all markets.

These new quotations will be subject to the addition of surcharges due to the uncontrollable and unforeseeable increasing prices of gas and energy cost.

In the current scenario of constant review of prices by our energy suppliers, Lecta's cost structure has suffered a significant downturn which is not sustainable without the relevant passing-on of these increases into the prices of our products by adding surcharges.

These surcharges will be subject to review each month in accordance with the relevant energy prices of the immediately prior month.

Lecta sales teams are at our customers' disposal to coordinate the price increase implementation.