FLINT GROUP RAISES INK PRICES IN NORTH AMERICA

2011-04-27T08:06:13-04:00

FLINT GROUP RAISES INK PRICES IN NORTH AMERICA Due to continued raw material cost pressure, Flint Group has announced further price increases for all packaging and narrow-web inks in North America effective May 1, 2011.Water and solvent-based products will increase 8% with the exception of white, which will increase 10%. All energy-cured products will increase 5%. According to the company, Violet 23 continues to be in short supply with rising costs. It will be addressed on a customer-by-customer basis.Flint cites material shortages, government policies, environmental concerns, decreased feedstock availability and competition from other industries for available materials among the past six months’ challenges. Susan Kuchta, vice president, North American packaging and narrow web, says, “Raw materials increased significantly in the last half of 2010, again in January 2011, and still again in the last 30 days. During the last few months we have seen multiple increases on individual items and continuing tight supply. Our first responsibility to our customers is to focus on continuity of supply and to produce high quality products. We have worked closely in the past, and will continue to work closely in the future, with our customers as we minimize the impact of these increases with alternative raw materials, replacement products where relevant and our ongoing focus on productivity and cost containment initiatives

Tonernews.com, April 27, 2011. USA

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FLINT GROUP RAISES INK PRICES IN NORTH AMERICA

Due to continued raw material cost pressure, Flint Group has announced further price increases for all packaging and narrow-web inks in North America effective May 1, 2011.Water and solvent-based products will increase 8% with the exception of white, which will increase 10%. All energy-cured products will increase 5%. According to the company, Violet 23 continues to be in short supply with rising costs. It will be addressed on a customer-by-customer basis.Flint cites material shortages, government policies, environmental concerns, decreased feedstock availability and competition from other industries for available materials among the past six months’ challenges.

Susan Kuchta, vice president, North American packaging and narrow web, says, “Raw materials increased significantly in the last half of 2010, again in January 2011, and still again in the last 30 days. During the last few months we have seen multiple increases on individual items and continuing tight supply. Our first responsibility to our customers is to focus on continuity of supply and to produce high quality products. We have worked closely in the past, and will continue to work closely in the future, with our customers as we minimize the impact of these increases with alternative raw materials, replacement products where relevant and our ongoing focus on productivity and cost containment initiatives
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April 27, 2011 at 8:06 AM

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