Notice Regarding Price Revision of Packaging OPP Film
Gunze Limited will revise the prices of its packaging OPP film effective from shipments on June 22, 2026. The decision is due to soaring naphtha prices caused by prolonged Middle East tensions and rising costs of raw materials and auxiliary supplies, which have exceeded the company's ability to absorb costs.
📋 Article Processing Timeline
- 📰 Published: May 28, 2026 at 10:00
- 🔍 Collected: June 1, 2026 at 01:00 (87h 0m after Published)
- 🤖 AI Analyzed: June 1, 2026 at 23:44 (22h 44m after Collected)
Gunze Limited has decided to revise the prices of packaging OPP (biaxially oriented polypropylene) film sold by its Plastic Company, effective from shipments on June 22, 2026. The background to this decision includes the prolonged tensions in the Middle East leading to soaring naphtha prices, as well as successive price hikes for raw materials and auxiliary supplies. While the company has thoroughly implemented cost reductions such as production rationalization, the current cost increases have exceeded the limits of what can be absorbed by internal efforts. Therefore, to maintain quality and ensure stable supply, we have made this unavoidable decision.
FAQ
What is a 'Ren'?
It is a unit representing 500 square meters (500mm width x 1000m length).