For pigment manufacturers, 2011 brought some growth in the printing ink market, and they remain optimistic for 2012 in spite of concerns over the economy and raw materials.
David Savastano, Ink World Editor03.13.12
Photo courtesy of Hoover Color.
The past few years have been difficult for pigment manufacturers. The global recession impacted many of the key businesses that use pigments, including the ink industry. Meanwhile, uncertainty over raw material costs and supply were also major concerns.
For the pigment industry, 2011 saw some growth, and while no one is certain of what will happen next, pigment suppliers believe there is reason for optimism.
“Due to continued, although slow, growth in the global economy, we have seen an upswing of the pigments market in 2011, but still not to pre-recession levels,” said Mehran Yazdani, vice president, marketing, Performance Pigments, Sun Chemical. “That being said, we still face economic uncertainty due to the European financial crises and the slow U.S. economic recovery. As a leading global pigment manufacturer, we are optimistic that Sun Chemical Performance Pigments will overcome these glob
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