The packaging ink segment showed growth in 2010, and ink manufacturers anticipate more good news ahead
David Savastano, Ink World Editor09.20.10
For ink manufacturers, 2009 was a challenging year, but in general, the packaging side of the ink business fared better than the publication/commercial side.
Ink industry executives have seen further growth in 2010, and anticipate moderate growth in the coming year.
“There is little doubt 2010 is going to be a better year than 2009,” said Michael Impastato, vice president strategic marketing, packaging and narrow web, Flint Group. “When 2009 began, nearly everyone was struggling. Most customers started destocking their supply chains late in 2008 and continued to do so into early 2009. Everyone was cautious about inventories and squeezed them down to the minimum to reduce working capital requirements as much as possible. It wasn’t until the middle of 2009 that there was some easing and volume started picking up.
“In contrast, the beginning of 2010 was more in alignment with historical norms,” Mr. Impastato added. “There was the typical pick
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