Press ReleasesNippon Paper Industries Announces Printing Paper and Communication Paper Price Revisions
Nippon Paper Industries Co., Ltd.
Nippon Paper Industries Co., Ltd. ("the Company"; President: Yoshio Haga) has announced price revisions for printing paper and communication paper in the domestic market to all its agencies.
|Products subject to price revisions:||All kinds of Printing paper and communication paper,
and converting paper
|Timing of implementation:||From October 21, 2013 shipment|
|Reason for implementation:||While the depreciation of Japanese yen trend continues, the prices of raw materials and fuels are in an upward trend. Although the Company has made sustained efforts to reduce costs, 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 the cost on to the product prices.|