Nippon Tokai Industrial Paper Supply Announces Price Increases for Linerboard and Corrugated Medium
Oct. 10, 2018 - Nippon Tokai Industrial Paper Supply Co., Ltd. ("NTI") on Oct. 5 announced that it will increase prices for its linerboard and corrugated medium by a minimum of 15%, effective with shipments from Nov. 21 onwards.
NTI said the price revision is necessary due to the rising cost of fuel, chemicals, and logistics, along with the price of its primary raw material — old corrugated containers (OCC) — which remain at an extremely high level on the international market.
NTI is part of the Nippon Paper Group of companies.
SOURCE: Nippon Paper Industries Co., Ltd.