Rengo Co., Ltd. will revise the prices of its coated duplex board, chipboard and tube board. The prices of raw materials and fuel have been surging worldwide, and miscellaneous materials and logistics costs are also rising.
Rengo has worked hard to maintain its prices through thorough cost reduction; however, the situation is now such that it is extremely difficult for Rengo to bear further cost increases through its own efforts alone. In order to ensure the implementation of its greenhouse gas emissions reduction plan, Rengo has concluded that a price revision is inevitable.
All grades of coated duplex board will increase by 15 yen or more per kilogram over current prices will be applied to all consignments shipped from February 1, 2022 onwards.
All grades of chipboard will increase by 10 yen or more per kilogram over current prices will be applied to all consignments shipped from February 1, 2022 onwards.
All grades of tube board will increase by 10 yen or more per kilogram over current prices will be applied to all consignments shipped from February 1, 2022 onwards.