Ink manufacturers are coping with numerous supply and pricing problems, including photoinitiators and pigments.
David Savastano, Editor09.21.18
After a few years of relative stability, the raw material market took a turn for the worse in 2017, and any hope for improvement during 2018 was quickly extinguished. Ink manufacturers find themselves battling headwinds throughout their supply chain, with key ingredients for photoinitiators for UV LED inks in short supply and pigments and other ingredients following suit.
Add to this the inevitable higher prices that come with short supply as well as concerns over the potential of a tariff war, and it is understandable why ink industry purchasing executives are worried, to put it mildly. Many ink manufacturers are putting out their own price increases, but even with these, they are feeling the squeeze.
Jeffrey Shaw, chief supply chain, quality, and business improvement officer, Sun Chemical, reported that the raw material market in 2018 continues to experience a record number of force majeure situations and random supply disruptions in many categories.
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