June 26, 2017

Rengo to Revise Tube Board and Chipboard Prices

Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that it will revise the prices of its tube board and chipboard.
Recently, the price of recovered paper, the main raw material, has surged significantly. At the same time, the prices of other raw materials, fuel, and chemicals, as well as logistics costs, are also rising. Rengo has previously engaged in thorough cost reduction initiatives and worked hard to maintain its pricing; however, the situation is now such that it is impossible for Rengo to keep prices at the same level through its own efforts alone.
For these reasons, Rengo will be revising the prices of its tube board and chipboard as set out below.

1. Tube board

Price revision an increase of 10 yen or more per kg over current prices
Start date all consignments from August 1, 2017 onwards

2. Chipboard

Price revision an increase of 10 yen or more per kg over current prices
Start date all consignments from August 1, 2017 onwards

Rengo Co. Ltd. published this content on 26 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 July 2017 02:06:08 UTC.

Original documenthttp://www.rengo.co.jp/english/news/2017/17_e_news_009.html

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