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    Breaking News

    Sun Chemical Europe Announces Price Increase Across All Products Due to High Raw Material Costs

    Goes into effect Jan. 1, 2013

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    • Sun Chemical to Increase Prices of Inks and Coatings
    11.28.12
    Sun Chemical announced a price increase for its European customers across all Sun Chemical product lines, effective from Jan. 1, 2013.The percentage increase will be in the high single digits and will vary dependent on the product composition and product line. Sun Chemical will communicate specific increases directly with customers.

    Despite average raw material prices stabilizing in 2012, costs have risen on an annual basis and further increases are expected for 2013. These are mainly due to production and environmental restrictions on key materials, weaker value of the euro and high demand levels.

    “The high levels of raw material costs are unprecedented and as a result make it necessary for us to keep our ink prices under review,”  Felipe Mellado, Sun Chemical’s chief marketing officer, said. “We work proactively with our supply chain partners to manage and minimise costs, but due to the economic reality, cost pressures have been constant and significant price increases are being passed on to the inks industry. To ensure we maintain high levels of product quality and service as well as profitability, it has become necessary to further increase customer prices.”
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      Joseph Cichon of INX  Receives NAPIM’s Prestigious Ault Award

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    CURRENT ISSUE

    March/April 2018

    • The North American Top 20 Ink Report
    • Pigment Market Growth Expected, But Challenges Remain Ahead
    • The Conductive Ink and Materials Market
    • The 2018 European Ink Review
    • India’s Packaging Ink Market is Thriving
    • Environmentally Friendly Inks will Grow Much Faster in 2018
    • Hammer Packaging is an ‘Engineering Company’ That Produces Labels
    • Hapa Ink Brings Expertise to the Pharmaceutical, Medical Markets
    • View More >

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