Flint Group announces ink and chemistry price increases in the US & Canada.
Monday, January 10, 2011
Press release from the issuing company
Plymouth, MI USA – Flint Group North America has announced price increases on certain printing inks and pressroom chemistry sold in the United States and Canada. This is in addition to the news ink price increase implemented January 1st and previously announced increases for blankets and sleeves.
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%, depending on technology
Solvent Colors - up to 8%
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%
Blends, Metallics, Fluorescents and OPVs - 12%
Directory - 9%
Publication Gravure - 9%
Print Media Chemicals:
Spray Powders - 8 – 15%
Press Washes - 8 – 12%
Web Conditioners - 6 – 10%
Fountain Solutions - 5 – 8%
Aerosols - 8 – 15%
As Diane Parisi, Vice President Supply Chain, Flint Group, explains, “We’re facing challenges on a multitude of fronts: Capacity constraints, government policies around the world, environmental concerns, decreased production of feedstocks, and more.” Michael Impastato, Vice President Strategic Marketing Flint Group Packaging & Narrow Web, gives an example of the unprecedented impact these forces have on the cost of raw materials: “Within the last few months alone, nitrocellulose, titanium dioxide and violet pigment have experienced double digit cost increases.”
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