NIPPON PAPER INDUSTRIES CO., LTD. Nippon Paper Industries Co., Ltd.
Nippon Paper Industries Co., Ltd. (President: Toru Nozawa) has announced price revisions for printing paper and communication paper and Industrial Paper in the domestic market to all its agencies.
| 1. Product subject to price revisions | Overall Thin printing paper, Printing Paper and Communication Paper and Industrial Paper |
| 2. Markup | Minimum 15% |
| 3. Timing of implementation | From junuary 1, 2022 shipment |
| 4. Reason for implementation | The Company has continued to implement cost reductions and optimized the production structure for slump in domestic demand due to the spread of coronavirus infection and 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. In addition, in order to continue working on GHG reduction as part of global warming countermeasures, the Company decided to realize the revision of the product prices. |
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Nippon Paper Industries Co. Ltd. published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2021 05:22:05 UTC.
