Press ReleasesNippon Paper Industries Announces Kraft Paper Price Revisions
Nippon Paper Industries Co., Ltd.
Nippon Paper Industries Co., Ltd. (President: Fumio Manoshiro; hereinafter, "the Company") has announced price revisions for kraft paper as follows.
|1. Products subject to price revisions||
Overall kraft paper
・Other unglazed bag and sack paper
・Unglazed bleached kraft paper
・Machine glazed bleached kraft paper
・Machine glazed paper
・Machine glazed unbleached kraft paper
・Metal interleaving paper
|2. Markup||Minimum 15%|
|3. Timing of implementation||From June 21, 2018 shipment|
|4. Reason for implementation||
The Company has worked on thorough cost reductions and strive to maintain product prices. However, the rise in manufacturing costs, including the increase in the prices of main raw material of chip and pulp, materials including fuel and chemicals, and the rise in logistics costs, etc. is more than the Company can absorb through self-help efforts alone.
To secure a stable supply structure, the Company decided the revision of the product prices.