Price Increase for Coated Freesheet Grades
Blake Hutchison, Director of Purchasing
I just received the following letter from Verso executive Michael Weinhold.
Click here to read the letter.
I find this letter to be extremely interesting. I was expecting mills that were garnering large sums of money from the black liquor tax credit to announce increases by the end of the year (as per my earlier post), but Verso has just jumped the gun on everyone. We aren’t sure at this point if it will stick. I think a lot of it depends on what the other coated freesheet producers (NewPage, Sappi, Appleton Coated, West Linn, etc.) do in response to this. Some of them have been taking money from the tax credits, but others haven’t.
We will keep you posted. Any questions, please feel free to contact your sales rep or myself directly.
***SEPTEMBER 2, 2009 UPDATE***
I also recieved the following letter from NewPage proclaiming their price increase. It appears this will be an industry trend….
NewPage increases prices for coated freesheet grades.
Related posts: