Most companies found that 2003 was a slight improvement over 2002.
David Savastano, Ink World Editor09.12.05
As 2003 draws to a close, there remains serious concern over the direction of the economy. For the printing and ink industries, momentum seems to shift on a monthly basis, which makes for an uncertain time.
For the most part, waxes, solvent and additives suppliers to the ink industry reported that 2003 was an improvement over 2002, with new technologies such as UV and digital driving growth. Despite the present uneven results from the printing and ink industries, suppliers remain optimistic that 2004 will finally be the year that the ink industry begins to fully recover.
A Look Back at 2003
For suppliers of waxes and additives, 2003 was a year of slight recovery, particularly in the past two quarters.
“2003 saw modest recovery toward the third and fourth quarters, and we expect this to continue into 2004,” said Joon Choo, vice president of marketing worldwide for Shamrock Technologies.
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