Synthetic pulp producer explain why prices are getting raised – 24 Mar 2022

This is the explanation given by a global synthetic pulp producer to raise prices

"Amid an already ongoing rise in Japanese domestic naphtha prices, Russia’s invasion of Ukraine has caused a further tightening in energy supply–demand to result in accelerated crude oil prices and Japanese domestic naphtha prices alike. Prices on polypropylene and polyethylene – key raw materials for our synthetic pulp products – have consequently continued to surge, as have utility expenses and logistics costs. Further, these assorted costs are projected to remain high going forward."