Press release from the issuing company
Elizabethtown, Ky. – In this final quarter of 2019, the printing ink industry has continued to face raw material shortages, challenging supply chain conditions, and new disruptions.
Michael Podd, Flint CPS Chief Procurement Officer and Senior Vice President Global Sales, identified the following areas of major challenge:
As a result, Flint Group will announce price increases on black offset inks globally, and all publication gravure inks in North America. Increase amounts vary depending on product lines and technologies based on the raw materials make-up. The specific increases will be communicated regionally by our sales leadership teams.
“Flint Group will work closely with our customers to manage through this price increase and keep them informed,” says Mr. Podd, “And our preferred status with suppliers helps customers rest assured that Flint Group is best positioned to meet their ink orders without sacrificing quality.”
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