Gunze Corporation Announces Price Increases on Plastic Products Due to Rising Oil Costs
Gunze Corporation's Price Revision on Plastic Products
In a significant announcement, Gunze Corporation has confirmed a price increase for a range of products manufactured by its plastic division, effective in 2026. This decision is primarily driven by the soaring costs of crude oil and naphtha, exacerbated by the current geopolitical tensions in the Middle East.
Background and Rationale
Recent fluctuations in global oil markets have caused raw material costs to rise sharply. Major suppliers are responding with substantial price hikes, making it increasingly difficult for manufacturers to sustain stable supply chains without passing on some of these costs to consumers.
For Gunze, the objective has always been to absorb costs through stringent manufacturing efficiency and logistics optimization. However, the extent to which raw material prices, coupled with increased logistics and ancillary material costs, have risen has exceeded what can be addressed by internal control measures alone.
As a result, Gunze has made the unavoidable decision to revise product prices while continuing to uphold the quality of their offerings. This change emphasizes their commitment to providing stable supply to customers and fulfilling their responsibility as a key player in the market.
Overview of Price Changes
Effective from April 21, 2026, the following price changes will be implemented:
| Product Name | Price Increase | Main Applications |
|---|---|---|
| ------- | ------- | ------- |
| Nylon Film for Packaging | 1,000 yen or more per roll (15μm basis) | General food applications |
| Industrial Olefin Sheet | Over 15% compared to current prices | Industrial applications |
| Nylon Tube for Packaging | Over 30% compared to current prices | General food applications |
| Shrink Film for Labels |
Hybrid Styrene: 105 yen/kg
PET: 80 yen/kg
Olefin: 120 yen/kg | Beverage and food labels |
Note: A roll refers to an area of 500㎡ for a width of 500mm and length of 1000m.
The aforementioned changes underline the pressing challenges faced by manufacturers in navigating market volatility. Gunze Corporation remains dedicated to ensuring product quality and reliability amid these transformative conditions affecting the plastics industry.
In conclusion, these adjustments reflect not only Gunze's proactive approach in the face of economic pressures but also play a pivotal role in securing the sustainability of their operations and commitments to clients. Stakeholders are encouraged to stay informed on further updates as the company navigates this challenging landscape.
Topics Consumer Products & Retail）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.