Sun Chemical Implements a Pigment Related Price Hike on Inks in EMEA Packaging and Graphics
Wednesday, July 17, 2024 10:45 am
Sun Chemical will increase prices across a broad portfolio of its inks in Europe, the Middle East and Africa (EMEA), effective immediately. The supply chains of colour and white pigments have severely been impacted by diverse challenges in recent months, including cases of disruption, shortage, insolvency, anti-dumping import tax, as well as further increasing sea freight rates from Asia. These factors have been driving up the cost of Sun Chemical's ink products, encompassing both colour and white inks. "The pressure across the supply chain is causing significant rise in inks raw material costs and unfortunately requires us to increase prices," said Mehran Yazdani, President, Global Packaging and Advanced Materials, Sun Chemical. "We will continue to work with our sourcing partners to manage and minimise the impact on our customers."
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