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May 24, 2017

Rengo to Revise Boxboard Prices

Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that it will revise the prices of its boxboard products.

In recent years, as prices of raw materials and chemicals and distribution costs rise, the environment pertaining to boxboard production has grown increasingly severe. 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 this reason, Rengo announces it will be revising the price of its boxboard as set out below. The company hopes that its customers are able to recognize the circumstances that have led to this revision.

 

1. Applicable products

all grades of boxboard

2. Price revision an increase of 10 yen per kg over current prices
3. Start date all consignments from July 1, 2017 onwards