Kappa Packaging announced that the waste paper base carton base paper will be priced 40 Euro in Europe from March 1.

Kappa (KAPPA) announced that since March 1st, its waste paper-based carton base paper price will increase by 40 Euro (43 US dollars) per ton, applicable areas include France, Germany, Austria, Switzerland, Belgium , Netherlands, Luxembourg, Scandinavia, Poland, except the United Kingdom, Spain, and Italy. Reasons for price increase due to the general increase in European recycling of fiber, energy, starch, labor and other costs.

According to the company’s spokesperson, adopting a differentiated treatment strategy for Italy was mainly due to a drastic price fall last year, which resulted in a price increase of 20 euros for Italy in February and a price increase of 40-50 euros at the end of March. Excluding the United Kingdom and Spain, due to the relatively stable prices in the local market.

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