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Korea’s Hansol seeks price rises of 8-11% for coated fine paper and du
Write 한솔제지 Date 2018-07-09

SEOUL, SOUTH KOREA, 17 September 2013 (Press Release) - South Korea's largest paper and board producer, Hansol Paper, has tabled price increases of 5-7% from September 1 and is set to seek additional hikes of 3-4% from October 1 for coated fine paper and duplex board exports.

The proposed rises will be implemented on orders received from that date on the company's coated fine paper, including one-side coated products, and also on coated recycled board grades, such as grayback coated duplex board and whiteback coated duplex board.

Hansol attributed the hike to the rising costs of raw materials, including market pulp, chemicals and energy.

The firm said that ongoing efforts to optimize its production over the past few months have been outpaced by the substantial cost increases. It has thus decided to seek the price hikes in order to maintain a sustainable business.

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