Press ReleasesNippon Paper Industries to Revise Prices of Chipboard, Core Paper, etc.

Nippon Paper Industries Co., Ltd.

Nippon Paper Industries Co., Ltd. (President: Yoshio Haga) will be revising the prices of chipboard, core paper and other products as follows.

Product Categories Subject to Price Revision: Chipboard, core paper and other products
Price Increase: 10% or more for individual product categories
Application of New Prices: Products shipped on April 21, 2014 and later
Grounds for Revision:

With rising prices of a number of raw materials and fuels, we have sought to cut costs to absorb the cost increases. However, we have found it impossible to achieve further cost reductions through our independent efforts alone and have therefore decided to revise product prices.