Mitsubishi HiTec Paper confirms price rise

Mitsubishi HiTec Paper, the Bielefeld-based manufacturer of coated speciality papers, is increasing prices by six percent for all deliveries as of April 1 this year.

Mitsubishi HiTec Paper said that since 2015, costs for raw materials and chemicals have significantly increased

The company said that 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 resulted in an imbalance of costs and pricing, the company adds.

Customers will be contacted directly by a representative of the Mitsubishi HiTec Paper sales team.