Rengo Co., Ltd. announces that it will revise the prices of its coated duplex board.
The business environment surrounding coated duplex boards has been very harsh due to the surge in raw material and fuel prices, rising logistics costs related to the so-called 2024 problem, and increasing labor costs in conjunction with securing personnel. Although Rengo is working hard to maintain prices through thorough cost reductions, it is extremely difficult for Rengo to bear further cost increases through its own efforts alone.
For these reasons, Rengo will be revising its prices as set out below.
An increase of 10% or more over current prices will be applied to all consignments shipped from January 1, 2025.