04.19.12
Flint Group has announced price increases for solvent-based packaging inks and all white packaging and narrow web inks in North America, effective April 1. The company says continuing raw materials cost increases, specifically for titanium dioxide, has necessitated the change.
“Cost pressure has been constant and the magnitude of the cost increases require we pass them through the supply chain,” says Susan Kuchta, vice president North American packaging and narrow web, Flint Group. “These costs can not be absorbed and still maintain a consistent and assured supply of product to the industry.”
The price increase for solvent-based products is 6 percent, while the increase for white ink will be up to 18 percent, depending on the type and concentration of the raw materials making up the product composition.
“Cost pressure has been constant and the magnitude of the cost increases require we pass them through the supply chain,” says Susan Kuchta, vice president North American packaging and narrow web, Flint Group. “These costs can not be absorbed and still maintain a consistent and assured supply of product to the industry.”
The price increase for solvent-based products is 6 percent, while the increase for white ink will be up to 18 percent, depending on the type and concentration of the raw materials making up the product composition.