April 26, 2023

Rengo to Revise Cellophane Prices

Rengo Co., Ltd. announces that it will revise the prices of its cellophane.
Rengo is making every effort to ensure a stable supply of cellophane with consistent quality. However, even since last year's price revision, production and logistics costs such as the prices of dissolving pulp, chemicals, fuel, and electricity have been surging and putting pressure on the profits of the cellophane business.
Despite Rengo's efforts to maintain pricing through thorough cost reduction, the situation is now such that it is impossible for Rengo to keep prices at the same level through its own efforts alone.
For these reasons, Rengo will be revising the price of its cellophane, as set out below, to continue its cellophane business as well as to continue maintaining and improving the quality of cellophane and its stable supply.

Effective date and range of price revision

All types of cellophane

An increase of 2,000 yen or more per ream (equivalent to general cellophane #300) over current prices will be applied to all consignments delivered from June 1, 2023 onwards.

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Disclaimer

Rengo Co. Ltd. published this content on 26 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2023 06:06:13 UTC.