Sun Pressroom Consumables 4%-10% Price Rises

Sun Chemical has today announced price increases in Europe, ranging from four per cent - 12 per cent, depending on the product.

Sun Chemical has today announced price increases in Europe, ranging from four per cent - 12 per cent, depending on the product.

The company said that the rises are due to continued, rapid increases in raw material prices, shortages of key materials and cost increases due to new EU regulations affecting the chemical industry, such as REACH and ATEX.

The increases become effective on November 1 and they will cover inks, coatings, fountain solutions and other printing consumables supplied by the company.

Felipe Mellado, corporate vice-president of marketing at Sun Chemical European Inks, 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 speed and scale of these cost increases and despite fluctuations in the oil price, it has been necessary to implement price increases to cover basic costs.

We would not expect these to drop any time soon." David Meldram, president of Sun Chemical European Inks, added: "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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