Prices will increase on inks, overprint varnishes and pressroom chemistry as follows, effective February 1, 2011 and subject to existing contracts:
Liquid Packaging & Narrow Web Inks: All Whites: up to 10 percent, depending on technology; Solvent Colors up to 8 percent.
Specific increases for the above products, as well as for nitrocellulose-based clears, other solvent-based clear formulations, and all violet colors will be communicated individually to customers depending on formula make-up and technology.
Print Media Inks: Sheetfed Conventional, 8 percent; Heatset Process, 10 percent; Heatset Blends, Metallics, Fluorescents and OPVs, 12 percent; Directory, 9 percent; Publication Gravure, 9 percent.
Print Media Chemicals: Spray Powders, 8-15 percent; Press Washes, 8-12 percent; Web Conditioners, 6-10 percent; Fountain Solutions, 5-8 percent; Aerosols, 8-15 percent.
"We’re facing challenges on a multitude of fronts: Capacity constraints, government policies around the world, environmental concerns, decreased production of feedstocks, and more," says Diane Parisi, vice president supply chain, Flint Group.
Michael Impastato, vice president strategic marketing Flint Group Packaging & Narrow Web, gives an example of the impact these forces have on the cost of raw materials. He says, “Within the last few months alone, nitrocellulose, titanium dioxide and violet pigment have experienced double digit cost increases.”