In addition to the cost increases already absorbed by ACTEGA North America, a broad range of key raw material pricing remains volatile and cost pressure is expected to continue through 2018.
Although the conditions are varied and wide spread, some examples include:
- Titanium Dioxide supply is tight on a global basis resulting in well-publicized price escalation over the last 12 months;
- Stringent Chinese environmental controls have forced manufacturer shutdowns and created crippling shortages of wide ranging materials;
- Manufacturing disruptions have tightened basic raw material supply and generated price escalations.