Mill moves to 'counteract price decline'

Mitsubishi HiTec Paper increases thermal paper prices

Mitsubishi will contact customers directly about the increase
Mitsubishi will contact customers directly about the increase

Mitsubishi HiTec Paper Europe has increased the prices of its Thermoscript thermal papers by “up to 10%”, effective as of Sunday (1 October).

In a statement the business, a German subsidiary of Japanese company Mitsubishi Paper Mills, said the aim of the price rise “is in particular to counteract the price decline of recent months, which has had varying effects in the different regions and application areas, while costs remain at a high level”.

Mitsubishi said customers would be contacted directly by its sales team and advised personally.

Mitsubishi HiTec Paper Europe produces high-quality direct thermal, inkjet, carbonless, and barrier papers for flexible packaging.