Consumables

M-REAL TO INCREASE MAGAZINE PAPER PRICES IN EUROPE

Monday 31. March 2008 - M-real will start discussions with its customers to increase the price for coated magazine papers on the European markets by EUR 50 per tonne.

The increase will be applied to non-contractual business from April 2008 and to contractual business from July. The price increase is based on the need to improve profitability of the magazine paper segment, against a background of continuing input cost pressure and strong market demand. M-real will also in the future review magazine paper prices in Europe quarterly.

M-real’s coated magazine papers include Galerie Lite, Galerie Brite and Galerie Silk and Galerie Fine.