Press ReleasesNippon Paper Industries Industrial Paper Price Revisions
Nippon Paper Industries Co., Ltd.
Nippon Paper Industries Co., Ltd. (President: Yoshio Haga) of the Nippon Paper Group has announced price revisions for industrial paper.
| Products subject to price revisions: | Kraft paper, bleached kraft paper, ribbing kraft paper, machine glazed kraft paper, glassine paper, metal plate interleaving paper |
|---|---|
| Markup: | Minimum 10% |
| Timing of implementation: | From September 21, 2011 shipment |
| Reason for implementation: | Amid an upward trend in the price of raw materials and fuels, The Company has made sustained efforts to reduce costs. However, it has proven difficult to absorb all the cost increases through the Company's own efforts, and it was decided that there was no alternative but to pass a portion of the cost on to the product price. |