Rengo to increase boxboard prices

Image courtesy: Annapoyhonen

  Rengo Co., Ltd. to increase prices on all its boxboard grades by 10 yen per kg, effective July 1.

In recent years, as prices of raw materials and chemicals and distribution costs rise, the environment pertaining to boxboard production has grown increasingly severe. Rengo has previously engaged in thorough cost reduction initiatives and worked hard to maintain its pricing; however, the situation is now such that it is impossible for Rengo to keep prices at the same level through its own efforts alone.