Nippon Paper Industries Announces Liquid-Packaging Carton Price Increase

摘要

Nippon Paper Industries has announced price increase for liquid-packaging carton for milk and beverage, effective April 1,2019. The Company has worked on drastic cost reduction by shutting down its mill and continuous operation improvement. However, the price of imported base board, which is the main raw material for liquid-packaging cartons, sub-material such as aluminum foil, wrapping materials, fuels and freight costs keep rising. So the profitability of liquid-packaging carton business has been severely deteriorated.