Business News Agency June 22, ink giant Sun Chemical Europe announced recently that as raw material costs continue to rise, they decided to increase the price of published ink products by 20%.
In addition to rising raw material costs, the company is also facing a serious supply shortage. Carbon black, resins, vegetable oils, and various pigments all have different levels of supply of raw materials that are needed in the production of printing inks.
In addition, some companies chose to shut down factories and cut production capacity, so Sun Chemical had to adjust the prices of its products on July 1. The specific increase of various products is as follows:
All thermosetting inks: 0.25 EUR/kg cold curing ink (black and color): 0.20 EUR per kilogram increase Traditional ink for sheetfed: 6% price increase per kilogram
Sheet-fed color ink containing V23: 20% price increase per kilogram
Sheetfed fountain solution: 6% price increase per kilogram
Felipe Mellado, chief marketing officer of the Sun Chemical Group, said that the company is unable to withstand the cost pressures caused by rising raw material prices and tight global supply chains, so it can only implement price increases on its products.
In addition to rising raw material costs, the company is also facing a serious supply shortage. Carbon black, resins, vegetable oils, and various pigments all have different levels of supply of raw materials that are needed in the production of printing inks.
In addition, some companies chose to shut down factories and cut production capacity, so Sun Chemical had to adjust the prices of its products on July 1. The specific increase of various products is as follows:
All thermosetting inks: 0.25 EUR/kg cold curing ink (black and color): 0.20 EUR per kilogram increase Traditional ink for sheetfed: 6% price increase per kilogram
Sheet-fed color ink containing V23: 20% price increase per kilogram
Sheetfed fountain solution: 6% price increase per kilogram
Felipe Mellado, chief marketing officer of the Sun Chemical Group, said that the company is unable to withstand the cost pressures caused by rising raw material prices and tight global supply chains, so it can only implement price increases on its products.
Wire Spring,Double Torsion Spring Design,Spring Steel Wire,Stainless Steel Spring Wire
OEM order and ODM order can is welcome
wire thickness : 0.07--5mm
applicaiton: viation,automotive, motorbike, bicycle, automatic equipment, household appliance, medical device ,toy, telecommunication,computer, instrument and meter,furniture, electric tools,mold and other industries
Wire Spring,Double Torsion Spring Design,Spring Steel Wire,Stainless Steel Spring Wire
Shenzhen Lanejoy Technology Co.,LTD , https://www.grill-mesh.com