Mitsubishi HiTec Paper Europe to Hike Price for POS Thermal Paper

Mitsubishi HiTec Paper Europe, Bielefeld, Germany, this week reported that it will increase prices for its thermoscript POS thermal paper globally by 5%, effective with deliveries beginning April 15. The company noted that the increase is in response to increasing costs as well as continued strong demand.

Mitsubishi HiTec Paper Europe is a German subsidiary of Mitsubishi Paper Mills Ltd. of Japan. It has some 700 employees, producing thermal papers (thermoscript), digital imaging papers (jetscript), and carbonless papers (giroform) at the Bielefeld and Flensburg mills in Germany.

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