Mitsubishi HiTec Paper is increasing prices by 6% for all deliveries as of April 1, 2016.

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Mitsubishi HiTec Paper announces price increase by 6%

Jan 20, 2016. /Lesprom Network/. Mitsubishi HiTec Paper is increasing prices by 6% for all deliveries as of April 1, 2016, as the company says in the press release received by Lesprom Network. 

Since 2015, costs for raw materials and chemicals have significantly increased in particular due to the important changes in currencies and could not be compensated despite actions already carried out. In light of the market price level this still results in an imbalance of costs and pricing.

Mitsubishi HiTec Paper Europe GmbH is a German subsidiary of Mitsubishi Paper Mills Ltd., Japan, one of the world's leading manufacturers of speciality paper.