Monday, 25 January 2016 09:40

Manufacturer of coated speciality papers announces price increase

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Mitsubishi HiTec Paper, the Bielefeld manufacturer of coated speciality papers, is increasing prices by 6% for all deliveries as of April 1st, 2016.

g logo titel kleinSince 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 results in an imbalance of costs and pricing.

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

Mitsubishi HiTec Paper Europe GmbH is a German subsidiary of Mitsubishi Paper Mills Ltd., Japan, one of the world's leading manufacturers of speciality paper. The roughly 700 employees at Mitsubishi HiTec Paper Europe produce high-quality thermal, digital imaging, carbonless and label papers at two tradition-rich locations in Bielefeld and Flensburg.

Each factory stands out for own base paper production, state-of-the-art production machinery and innovative coating technologies. Through its dense global sales network, Mitsubishi HiTec Paper Europe supplies a full range of speciality papers featuring a modular system for every application and printing technology – and is a highly capable partner whenever customized coated paper solutions are required.

www.mitsubishi-paper.com

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