Suppliers are banking on new technologies and cost efficiencies to help overcome rising raw material costs and the continued economic downturn.
David Savastano, Ink World Editor09.09.05
As has been the case since the end of 2000, the stagnant economy throughout much of the world continues to impact the printing ink industry. This, in turn, has affected suppliers, who are facing their own pressures in terms of increasing raw material and energy costs.
For resin manufacturers, their best hope lies in continuing to create cost efficiencies while developing new technologies. The challenge is to be able to make these improvements at a time when margins remain at a very low level.
2002 and Beyond
The economic difficulties worldwide made for a difficult 2002 for resin manufacturers, particularly on the publication ink side.
“2002 was a very difficult year for both Eastman Resins, Inc. and the industry in general,” said Phil Runge, product market manager, resins at Eastman Resins. “So far, 2003 has not been much better, but hopefully there will be a mild recovery in Q3/Q4.”
“2002 was a very difficult year for the chemical industry as
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