Press ReleasesNippon Paper Industries to Revise Prices of Wrapping PaperBase of Nippon Paper Cranes, New Nickname “Nippon Paper Ice Arena”
Nippon Paper Industries Co., Ltd.
Nippon Paper Industries Co., Ltd. (President:Fumio Manoshiro) will be revising the prices of wrapping paper as follows.
|1. Product Categories Subject to Price Revision||
Unglazed shipping sacks kraft paper
Unglazed grocery paper
|2. Price Increase||10% or more for individual product categories|
|3. Application of New Prices||Products shipped onNov. 1, 2014 and later|
|4. 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.