Changes will be effective as of 15 October and prices for the grades will go up €60 (£52) per tonne in continental Europe.

The company said that the price increase is necessary due to "current unsatisfactory price levels" and steadily rising input costs.

In August, M-real said around 103 of its staff will be affected by the integration of its pulp and board divisions at the Kemiart Liners mill in Finland (PrintWeek, 26 August 2009).

Statutory negotiations concerning jobs at the mill were initiated on 17 August this year. The estimated reduction will be 52 staff.

The company said streamlining actions were an essential and a natural phase of development to improve the profitability and efficiency of the site.

Finland-headquartered M-real produces fibre paperboard producer and is a major paper supplier. Its customers include brand owners, carton printers, converters, publishers, printing houses and merchants.