David Savastano, Ink World Editor03.11.11
The past few years have been challenging for pigment companies and their printing ink customers, as the global recession cut into demand while raw material prices skyrocketed.
For the most part, 2010 was a sizable improvement for the pigment industry, as leading manufacturers reported that sales rebounded as the economy improved.
However, raw material prices and supply remain serious concerns.
Don McBride, COO, Heucotech Ltd., a Heubach Company, noted that Heucotech Ltd. achieved significant growth in 2010 to recover much of what was lost due to the recent recession.
“But this occurred with new products, new technologies and new customers, as the only industry that showed a bounce back to traditional levels was the automotive segment,” Mr. McBride added. “Heucotech sales and technical teams worked to develop new solutions for our customers in ink, coatings and plastics applications. We experienced raw material availability issues and cost increases in many cases.
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