Increases driven by global shortage for several key raw materials for photoinitiator production, excessive increase in energy and transportation costs.
The printing industry continues to face numerous challenges, such as rapidly increasing costs, availability of raw materials and freight issues delays.
Some suppliers have reported force majeure or sales control in the current quarter or have increased delivery times for raw materials up to several months.
Transport costs, costs of pigments including titanium dioxide and petrochemical raw materials have continued to rise massively over the course of the year.