Product category:
Printing Ink, Chemicals and Pressroom Consumables
News Release from: Sun Chemical Europe
Edited by the Printingtalk Editorial
Team on 07 December 2005
Raw Materials Costs Force 6%-10% Inks
Price Rise
Sun Chemical has announced ink price increases in Europe of six per cent to 10 per cent due to continued and rapid increases in raw material prices, as well as shortages of many key ingredients.
Sun Chemical has announced ink price increases in Europe of six per cent to 10 per cent, depending on the specific products, due to continued and rapid increases in raw material prices, as well as shortages of many key ingredients The increases, effective from January 1 2006, will cover inks, coatings, fountain solutions and other printing consumables supplied by the company
This article was originally published on Printingtalk on 23 Jun 2004 at 8.00am (UK)
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Felipe Mellado, corporate vice president of marketing for Sun Chemical Europe, said: "Sun Chemical is proactively working with its supplier base, monitoring industry conditions and continuing internal efficiency programmes to mitigate the impact of rising costs, material scarcities and transportation availability.
However, given the rapidity and scale of cost increases, we are forced to implement price increases to cover basic costs that are not expected to drop any time soon." David Meldram, senior vice-president of Sun Chemical, said: "In Europe we are operating in a challenging environment and these increases will ensure our customers can count on us to continue to offer the best total value in the industry through innovation, technology, superior service and ease of doing business.".
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