February 18, 2021 By PrintAction Staff
Sun Chemical has announced that it will increase prices across a number of its packaging and commercial sheetfed inks, coatings and adhesives in North America, effective March 15, 2021.
Sun Chemical is attributing these price increases in its raw material feedstocks to a combination of raw material shortages, including petrochemical, vegetable oils and derivatives, dramatically increased international freight transport costs, and demand due to economic recovery.
“These unprecedented dynamics have resulted in significant inflationary pressure which requires us to raise prices to offset these costs,” said Chris Parrilli, president of North American Inks, Sun Chemical. “We will remain focused on supplying our customers with best-in-class solutions.”
Sun Chemical will communicate specific price increases directly with its customers.
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