Norske Skog, a global leader in production of newsprint and magazine paper, announced a price increase for all exports from Australia and New Zealand to Asian markets, effective April 1, 2017. According to the announcement, the price increase will be in the range of 5-10%, depending on the underlying cost increase applying to the relevant market and customer.
The company explains the increase with a necessity to address higher production and shipping costs.
About Norske Skog:
The company is a leading producer of newsprint and magazine paper. The company has 9 paper mills around the world.