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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