On average by 10% across its entire portfolio of sheetfed products and by 5% on average for energy cured products in Latin America, effective March 15, 2021.
By using the American dollar as common currency for ink products, Sun Chemical Latin America can maintain price consistency across the region, the company said.
“The potential supply chain impact of the Coronavirus around the world is vast and unpredictable," said Jeffrey Shaw, chief supply chain officer, Sun Chemical.
Brand owners and converters are seeking more information on what is in the finished ink, and ink companies are trying to be as transparent as possible.