Monday, 15 Aug 2022 11:19 GMT

Mitsubishi HiTec Paper issues price rise warning

Bielefeld-based speciality paper manufacturer Mitsubishi HiTec Paper has announced a price increase for its entire range of coated speciality papers.

The price rise of 15% will apply to its thermoscript, jetscript, giroform, supercote and barricote papers and come into effect from September 1st.

The increased price, Mitsubishi says, will impact all of its customers around the world.

“We have been forced to implement a further price increase due to renewed cost increases in chemicals, energy, freight and pulp,” the company say in a statement.

“Customers will be contacted directly by the Mitsubishi sales team.”

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