Breaking News

Flint to raise ink and coatings prices for narrow web

July 19, 2010

The increases, caused by rising raw materials prices, will take effect August 1.

Flint Group North America will raise the prices of inks for its packaging and narrow web customers effective August 1. Over the past six months, the company says, the cost of key raw materials for inks has risen dramatically, in some cases by more than 30 percent. The demand imbalance on the global raw material and chemical feed stock markets has caused a significant de-stocking of most raw material supply chains. Consequently the costs of base chemicals have increased continuously since early 2009. The price increases in specialty chemicals are double digit on key feed stocks, while a number of force majeure situations have added to the pressure.

Michael Impastato, vice president strategic marketing for Flint Group Packaging & Narrow Web, says, “Flint Group is conscious that its customers continue to face a difficult business environment, and many materials together with energy and transportation continue to rise. Flint Group, however, is not exempt from this global situation, and although our technical team is constantly searching for ways to mitigate these effects, we are incurring tremendous cost increases despite our ongoing cost containment programs. The cost increases have now proven too large, and the need to pass on these higher costs to our customers is necessary.”

Flint Group is announcing the following average price increases: solvent inks and coatings, 4 percent; water inks and coatings, 8 percent; UV inks, 8 percent; UV coatings, 11 percent.

  • HP previews Dscoop

    HP previews Dscoop

    Greg Hrinya, Associate Editor||February 10, 2017
    Ken Brown detailed the event, which will take place in Phoenix, AZ, USA, from March 1-4.

  • Xeikon Café returns in March

    Xeikon Café returns in March

    February 10, 2017
    Members of all areas of the label and packaging industry are invited to Xeikon headquarters in Lier, Belgium, March 28-31.

  • RotoMetrics tackles rotary diecutting challenges

    RotoMetrics tackles rotary diecutting challenges

    Greg Hrinya, Associate Editor||February 7, 2017
    Customers are seeking higher quality with shorter lead times.

  • Getting Educated at Labelexpo

    Getting Educated at Labelexpo

    Steve Katz, Editor||September 7, 2016
    With a wide range of presentations, expert-led master classes and machinery demonstrations, there is no shortage of learning

  • Drupa 2016 a ‘resounding success’

    Drupa 2016 a ‘resounding success’

    Steve Katz, Editor||July 15, 2016
    The label industry was well-represented as visitors showed strong interest in the latest printing technologies.

  • Anilox Cleaning Equipment

    Anilox Cleaning Equipment

    Steve Katz, Editor||July 15, 2016
    Machinery manufacturers are dedicated to making sure the “heart of flexo” is well maintained.