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Mitsubishi HiTec Paper to hike prices on coated specialty papers
Mitsubishi HiTec Paper, the Bielefeld manufacturer of coated speciality papers, is increasing prices by 6% for all deliveries as of April 1st, 2016.
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 results in an imbalance of costs and pricing.
Mitsubishi HiTec Paper is a German subsidiary of Mitsubishi Paper Mills Ltd., Japan. The company produce high-quality thermal papers, digital imaging papers, carbonless papers, and label papers.