Press ReleasesNippon Paper Papylia Announces Price Revisions to Thin Printing Paper and Other Types of Paper
Nippon Paper Papylia Co., Ltd.
Nippon Paper Papylia Co., Ltd. (President: Sumio Miyake; headquartered in Chiyoda-ku, Tokyo ; hereinafter "the Company") of Nippon Paper Group has announced price revisions to thin printing paper and other types of paper.
| 1. Products subject to price revisions |
Overall Thin printing paper, back carbon copying paper and processing base paper |
|---|---|
| 2. Markup | Minimum 10% |
| 3. Timing of implementation | From February 1, 2019 shipment |
| 4. Reason for implementation |
The Company has continued to implement cost reductions for rising prices of a number of raw materials and fuels and logistic costs. However, it is difficult to secure reproducible profit through our independent efforts alone. Therefore, the Company decided to realize the revision of the product prices. |