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Flint Group North America: Price Increases on Newspaper and Directory Inks

Press release from the issuing company

Flint Group North America has announced price increases on color and black inks used in conventional newspaper and directory printing. New prices take effect May 1, 2011, subject to existing contracts:

Black lithographic and flexographic newspaper and directory inks: 8%

Color lithographic and flexographic newspaper and directory inks: 6%

“The raw materials used to make newspaper inks have experienced very significant increases in global demand,” notes Norm Harbin, Business Director, Newspaper Inks. “Competing industries, including tires, for example, are more attractive for many raw material suppliers. And growing markets like China are absorbing a much larger portion of the available supply. Spiking crude oil costs are a strong cost driver as well, but just one of many.”

“Flint Group has the supply we need to meet customers’ anticipated needs,” confirms Diane Parisi, Vice President Supply Chain Management. “Customers will get the same quality inks they have always relied on, though raw material trends make those products more costly for Flint Group to manufacture.”




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