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Mitsubishi HiTec Paper jacks up prices 20%

Mitsubishi JetScript papers may not be well known under that name here but they find their way into the market under several other brand names. The mill, based in Germany, is renowned for coating very high quality stocks - and they are going up 20% across the board from September. The size of this increase is staggering - and probably indicative of more manufacturers doing similar adjustments. Mitsubishi had already increased inkjet paper prices by 5% in March 2021

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Mitsubishi HiTec, Germany, is one of the world's largest producers on inkjet coated media

 

Due to the continued sharprise in energy costs and due to significant cost increases in the areas of logistics and raw materials, Mitsubishi HiTec Paper is increasing the prices for the entire product range (thermoscript, jetscript, giroform, supercote, barricote) by 20%.

The price adjustments apply to deliveries from September 1, 2021.This step is unavoidable so that we can continue to offer our partners our wide range of coated speciality papers in the well-known high quality. Customers are contacted directly by the Mitsubishi sales team.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.

The roughly 770 employees at Mitsubishi HiTec Paper Europe produce high-quality direct thermal, inkjet, carbonless, label and barrier papers for flexible packaging at two tradition-rich locations in Bielefeld and Flensburg. Each factory stands out for own base paper production, state-of-the-art production machinery and innovative coating technologies. Through its dense global sales network.