Mitsubishi hikes price of giroform carbonless papers

Price hike effective for orders from 1 November 2023 

Price adjustment for giroform carbonless papers

Mitsubishi HiTec Paper has increased the prices for giroform carbonless papers for orders received from 1 November 2023, the company said. Due to the continued high costs, this step is necessary to counteract falling prices on the markets and to be able to continue offering giroform papers in the usual high quality.  

Depending on the region and market, the rate of increase will be agreed upon individually. Giroform customers will be contacted directly by the Mitsubishi sales team and advised personally. 

Earlier in 2021, due to the renewed increase in costs, especially for raw materials and logistics, Mitsubishi had raised the prices for the entire thermoscript thermal paper range by up to 15% worldwide. 

Mitsubishi HiTec Paper Europe GmbH is a German subsidiary of Mitsubishi Paper Mills Ltd., Japan, one of the world’s leading manufacturers of specialty paper, and produces high-quality direct thermal, inkjet, carbonless and barrier papers for flexible packaging. 

In 2024, we are looking at full recovery and growth-led investment in Indian printing

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India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

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