The adjustment is necessary as the price increases for raw material, energy and transportation cannot be compensated by internal efficiency increases and cost saving measures only, Voith Paper writes in a press release.In addition, the company writes, Voith Paper will sustain a high level of value added solutions to its customers and therefore will continue to invest in research and development to offer innovative and sustainable products. /AA
Voith announces price adjustment for fabrics and rolls
Dec 6 2011 Voith Paper will increase the price for its fabrics and rolls products and services in Europe by an average of 3.8 percent, effective January 1.