Gunze Packaging System's Response to Middle East Tensions
In light of the escalating tensions in the Middle East and the resultant impact on supply chains, Gunze Packaging System Co., Ltd., a fully-owned subsidiary of Gunze Corporation, has announced a significant price adjustment for its products. This change will take effect for shipments starting on May 1, 2026. The company is also reaching out to its valued clients for collaboration to ensure the stable supply of its products during these uncertain times.
Background and Reasons for Price Adjustments
The ongoing instability in the Middle East has led to a sharp increase in raw material prices and escalated logistics costs. Despite the numerous price adjustments made by raw material manufacturers and logistics companies, Gunze Packaging System has made concerted efforts to maintain product prices through cost reduction and enhanced production efficiency. However, the company has now reached a point where relying solely on internal measures to sustain stable product supply has become increasingly challenging.
Accordingly, Gunze Packaging System prioritizes uninterrupted delivery of its products and, albeit reluctantly, has decided to go ahead with the price adjustments detailed below.
Details of Price Adjustments
The following product categories are subject to price increases:
- - Shrink Labels and Related Products: Prices will increase by more than 25% from current levels, effective for shipments from May 1, 2026.
- - Roll Label Products: Prices will rise by more than 30% from current levels, also effective for shipments from May 1, 2026.
Request for Cooperation with Proper Ordering Practices
Given the limited supply resources, it is essential for Gunze Packaging System to deliver products to all customers fairly and without delay. The company asks for understanding and cooperation on the following points:
1.
Early Pickup Requests: To prevent logistics delays and improve turnover rates.
2.
Minimal Necessary Orders: To avoid stock imbalances and ensure wider market distribution.
3.
Agreement on Adjusting Delivery Dates and Quantities: To maintain a flexible supply structure based on the demand-supply balance.
About Gunze Packaging System
Gunze Packaging System is a fully-owned subsidiary of Gunze Corporation, focusing on the processing and sale of plastic products. Established in 1973 as Fuji Gravure Co., Ltd. in Osaka's Fukushima Ward, the company changed its name to Gunze Packaging System in 1974, continuing its legacy till today. Currently, the company operates four domestic locations and one overseas facility in China.
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Gunze Packaging System.