For the past few years, raw material costs and supply for printing inks have been, in a word, volatile
David Savastano, Ink World Editor09.20.10
For the past few years, raw material costs and supply for printing inks have been, in a word, volatile. There were skyrocketing crude oil prices, followed by shortages. Pigment prices, which had remained relatively stable, were impacted by the elimination of the value addded tax and a new emphasis on environmental issues in China. Then the global recession hit, and hit hard.
Meanwhile, the printing industry haas come under heavy pressure from a varety of outside sources, not the least of which is the growth of the Internet.
Since the middle of 2009, the global economy has seen some improvement, and one might think that bodes well for raw materials as well. However, with all of the consolidation and plant closures that have taken place in recent years, as well as destocking, supply of key material from acrylic acid and resins to the feedstocks that are critical to essentially all ink ingredients have come under further pressure. There has also been increased demand from emerging marke
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