Siegwerk Implements Price Increases on Products for Paper and Board Applications

Due to continued sharp raw material cost increases, Siegwerk has to raise prices as announced on Feb. 1, 2011 on the Siegwerk web site. Effective April 15, 2011, Siegwerk will increase gross invoice prices for all products for Paper and Board applications.

An average of 8 percent price increase will be applied on the following product groups:
• Clears (overprint and extender varnishes, primers, etc.)
• Colors and metallics
• Others

Except in the cases below where a fixed price increase per kg will be made:
• Whites – 0.25€/kg
• Violets (with Pigment Violet 23) – 4.75€/kg

Due to the volatility of the raw material market, the prices will remain valid until end of August 2011. It is Siegwerk’s intention to review prices on a quarterly basis and to inform customers in advance about changes.