hubergroup Americas Announces Price Increase for Inks and Coatings

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hubergroup Americas Announces Price Increase for Inks and Coatings

Thursday, February 01, 2018

Press release from the issuing company

Arlington Heights, Ill. – hubergroup announced today that it will raise prices for all inks and coatings by 8 percent, effective with shipments in North America and South America beginning February 12, 2018.

“The price increase is necessary due to increased global costs of key raw materials, including oils and pigments”, said Derek McFarland, president, Americas. “This cost escalation has been going on for some time now and we have taken steps to mitigate the effects; however, it has become necessary to pass some of these cost increases to our customers.”

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