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Flint Group announces price increases on some pressroom chemistry products

Monday, May 03, 2010

Press release from the issuing company

Plymouth, MI USA – Flint Group has announced price increases on a number of pressroom chemistry products sold in the Americas.

Increases range from 5-12%, depending on product line, and take effect for products shipped on or after June 1, 2010. Products include: Alcohol Substitutes, Sheetfed Fountain Solutions, Conventional Press Wash, UV Press Wash, Metering Roller Cleaner, Film Cleaners and Deglazers/Rejuvenators.

"A number of factors have significantly increased our raw material costs," says Kevin Fennewald, Business Director, Pressroom Chemicals. "During the recent recession, major chemical manufacturers removed excess capacity. Now, with demand increasing, raw material costs are rising and supply is scarce.

"The rising cost of crude is also a key contributing factor," continues Mr. Fennewald. "Other substantial cost increases have come from container and freight suppliers. All of these factors have affected Flint Group's cost to manufacture and distribute pressroom chemistry products."

Flint Group's staff has worked hard to assure product supply and minimize the impact on customers, but the combination of economic and market factors has led to cost increases beyond what Flint Group is able to absorb.




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