Dave Savastano, Editor10.01.15
Purchasing executives at ink companies have been finding procurement to be a challenge in recent years. Skyrocketing raw material prices, fluctuating supplies and consolidation have been just a few of the issues crossing their desk. While raw material prices have, for the most part, stabilized at a high level, uncertainty has made planning nearly impossible.
The stability of the costs and supply availability of most key ingredients during 2015 has come as a welcome relief for ink manufacturers.
“Putting currency factors aside for a moment, 2015 has been a favorable year for raw materials in terms of cost stability and supply performance,” said Ed Pruitt, chief procurement officer, Sun Chemical. “Raw materials prices have benefitted from the soft global economy and the continuation of the oversupplied oil market. Supply performance has reflected adequate supply/demand balances for most of the key raw material value chains.
“However, since many global com
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