Price rise for Sappi's web grades

Sappi is to increase the prices of woodfree and mechanical coated web grades from 1 January 2004.

The rises will be effective across the South African fine paper producers continental European markets.

A spokesman said figures had yet to be finalised, but would be between 6% and 8%. Sappi follows UPM-Kymmene, Stora Enso, M-real and Myllykoski in raising prices.