Flint Announces Packaging Ink Price Increases
Effective April 1, Flint will be raising the prices of its packaging inks, which include solvent-based and all packaging and narrow web white inks, in North America.
Citing the continuing increases in raw material costs, namely the increase in the price of titanium dioxide, solvent-based inks will increase six percent while white inks will increase upwards of 18 percent, depending on the type and concentration of raw materials of its composition.
Susan Kuchta, Vice President North American Packaging and Narrow Web, commented, “Cost pressure has been constant and the magnitude of the cost increases require we pass them through the supply chain. These costs cannot be absorbed and still maintain a consistent and assured supply of product to the industry.”
Flint Group will communicate directly with its customers regarding the overall impact of the price increases.