Flint Group Announces Further Price Increases for Solvent-Based, Water-Based and UV Inks for Labels and Packaging in Europe

Significant increases in raw material costs this year, an increased global demand for critical raw materials as well as a lack of replacement capacity is forcing up the costs of ink. The continually challenging raw material market requires Flint Group to increase prices for solvent-based, water-based and UV inks for labels and packaging in Europe effective Jan. 1, 2012.

“The price increases for our customers will be on average 5 percent,” said Mark Sutton, business director film and foil EMEA. “Increases will, however, vary by product and some increases on specific products will be significantly higher.”

“Flint Group will continue to search for raw material replacements and offer alternative products to our customers where relevant in order to minimize the impact of the increases as much as possible,” Kim Melander, business director paper and board EMEA, added. “Regrettably however, the extent of the raw material cost increases can not be fully absorbed by supply chain, manufacturing and formulation initiatives.”