Nippon Paper Papylia Co., Ltd. announces prices revisions

Nippon Paper Papylia Co., Ltd. of Nippon Paper Group has announced price revisions to thin printing paper and other types of paper.

– Products subject to price revisions     

Thin printing paper, back carbon copying paper, processing base paper

– Markup       

Minimum 10%

– Timing of implementation      

From shipments taking place on February 21, 2015.

– Reason for implementation   

Despite its ongoing efforts to cut costs, the Company finds it difficult to deal, by itself, with the increase in the cost of raw materials, attributable mainly to the sharp depreciation of the Japanese yen.

The Company has therefore decided to increase the prices of products so that it can sustain production.