Gunzé Corporation Announces Price Revision for Shrink Films
Gunzé Corporation, a leader in plastic manufacturing, has confirmed a price increase for its shrink films, specifically the "Fancy Wrap" and "GEOPLAS" brands, effective for shipments starting December 1, 2025. This decision reflects the heightened operational costs faced by the company over recent years, influencing their ability to sustain existing prices.
Background and Reasons for Price Increase
In recent times, Gunzé has encountered significant hikes in labor costs, logistics, and storage fees. Compounding these issues is the urgent need to address aging manufacturing equipment and the rise of costs related to establishing resource recycling models. Furthermore, primary raw material suppliers have been pressuring Gunzé for price increases due to escalating operational costs, which has further squeezed the company’s profit margins.
Despite Gunzé's efforts in implementing various cost-reduction strategies aimed at enhancing production efficiency, it has become increasingly clear that these internal measures alone cannot offset the rising expenses. As a result, initiating a price revision has become necessary to maintain their commitment to reliably supplying high-quality products to their customers.
Details of the Price Revision
The following table outlines the price adjustments for the affected products:
| Product Name | Price Increase |
|---|
| -------- | -------- |
| Fancy Wrap PS Film | 50.0 JPY / kg |
| Fancy Wrap Hybrid Styrene Film | 41.0 JPY / kg |
| GEOPLAS Hybrid Styrene Film | 41.0 JPY / kg |
| Fancy Wrap PET Film | 20.0 JPY / kg |
| Fancy Wrap Olefin Film | 20.0 JPY / kg |
Note: "Fancy Wrap" represents Gunzé's standard shrink film brand, whereas "GEOPLAS" signifies their environmentally-friendly shrink film range.
Implementation Timeline
The revised pricing will take effect on shipments from December 1, 2025. This timeline is established to provide customers with advance notice and ensure a smooth transition.
Primary Applications of Shrink Films
Gunzé's shrink films serve crucial roles in various sectors, primarily in the packaging of PET beverage bottles and food labeling. The quality and reliability of these films are paramount, and the company remains committed to upholding these standards even amid rising operational costs.
In conclusion, while the decision to revise prices is difficult, it underscores Gunzé's dedication to continuing to provide its products reliably. By efficiently managing resources and implementing necessary adjustments, they aim to remain a key player in the plastics sector, ensuring high-quality products while navigating the challenges of a changing economic landscape.