Press ReleasesNippon Tokai Industrial Paper Supply Announces Linerboard and Corrugated Medium and Specialty Paper Price Revisions.
Nippon Tokai Industrial Paper Supply Co., Ltd.
Nippon Tokai Industrial Paper Supply Co., Ltd. (President: Satoru Muto) in the Nippon Paper Group will implement price revisions for linerboard and corrugated medium and specialty paper as detailed below.
|1. Product subject to price revisions
All linerboard and corrugated medium
Specialty paper (chipboard and color board, base paper, plasterboard base paper, SIKRA base paper)
|All linerboard and corrugated medium 15 yen/kg
Specialty paper 15% or more
|3. Timing of implementation
Shipments from September 1, 2022
|4. Reason for implementation
Ever since the price revision was announced in December 2021, fuel prices and logistic costs have continued to rise rapidly given the dramatic changes in world affairs, and the yen's sharp depreciation has worsened the situation.
Despite continuous cost cutting and other measures taken by Nippon Paper Industries Co., Ltd., Shin Tokai Paper Co., Ltd., and Nippon Tokai Industrial Paper Supply Co., Ltd., we have not reached a sustainable revenue level, and so have determined that we have no choice but to revise the product prices once again.