Due to a further increase in the price of our main raw material titanium dioxide as well as currency-related increases in the price of pulp, we will unfortunately have to raise our sales prices by up to EUR 9/100 kg as of December 1, 2021, depending on the ash content of the respective paper grades.
In addition, we are confronted with continued sharp increases in energy costs, which have a direct impact on our manufacturing costs and profitability. We are therefore imposing an additional energy cost surcharge of EUR 6/100 kg. This will also apply effective December 1, 2021, and until further notice.
With regard to the current dynamics in the energy markets, we ask for your understanding for this measure and the associated short-term nature.
Hans-Christoph Gallenkamp
CEO/CSO Felix Schoeller Group
