M-real increases folding boxboard prices in the UK  

M-real Corporation Press release 4 August 2009

M-real increases the folding boxboard prices by GPB 80 per tonne. This increase will be effective for deliveries ex mill and ex stock from 1 October 2009, and will be valid until further notice.

The reason behind this increase is unsatisfactory profitability. For the same reason M-real considers seriously increases also in the other European markets.

“As the biggest player in the industry we continue to take the responsibility and we are prepared to curtail our production to the extent needed to support our efforts,” says Mika Joukio, Head of M-real Consumer Packaging.

For further information please contact M-real Consumer Packaging:

Mika Joukio, Head of M-real Consumer Packaging
Mobile +358 50 516 9024
E-mail: mika.joukio(at)m-real.com 

M-real in brief:

M-real is Europe’s leading primary fibre paperboard producer and a major paper supplier. The company’s customers include brand owners, carton printers, converters, publishers, printing houses, merchants and office suppliers. M-real supports its customers’ businesses by providing high-performance paperboards and quality papers for consumer packaging, communications and advertising end-uses. Together with its customers and partners, M-real develops products and services for demanding end uses. The company’s paperboard is mainly used for the packaging of beautycare and healthcare products, foods, cigarettes, and consumer durables as well as graphics. Paper is mainly used for office papers as well as wallcoverings and other speciality end uses.

M-real’s business areas are Consumer Packaging, Office Papers and Speciality Papers and the reporting structure includes also Market Pulp and Energy segment.

M-real is headquartered in Finland. In 2008, the company’s sales totalled EUR 3.2 billion, and it has approximately 6,100 employees. M-real, part of Metsäliitto Group, is listed on the NASDAQ OMX Helsinki Ltd.