Nippon Paper Industries to increase prices for glassine paper grades

17 January 2019

Nippon Paper Industries has announced price increase for its glassine paper grades and lightweight simili paper by a minimum of 10%, effective March 1, 2019.

The business environment of industrial paper is increasingly severe because of rising prices of main raw material such as chip and pulp, materials including fuel and chemicals, logistics costs, etc.

Nippon Paper Industries has worked on review of its production structure and thorough cost reductions, and strive to maintain product prices. However, the rise in manufacturing costs is more than the Company can absorb through self-help efforts alone. Therefore, the Company decided the revision of the product prices.