MacDermid, based in Atlanta, GA, USA, reports that it has experienced unprecedented levels of rising prices on its raw materials. “Efforts to mitigate these increases through productivity improvements and multiple supplier sourcing have had limited effect,” the company announced in a statement. “Additionally, conversion costs for MacDermid continue to rise. The net increase in cost can no longer be absorbed by MacDermid.”
The company manufactures printing plates and plate processing equipment for the narrow web industry, among others.