Sun Chemical to increase prices in North America of silicone-based products
Citing continued shortages and ongoing cost pressure in silicone and silicone-based materials, Sun Chemical will increase prices by 30 percent on its entire silicone-based product line in North America, effective May 1.
Dennis Sweet, vice president, commercial, Rycoline and distributors, North American inks at Sun Chemical explained: ‘The ongoing silicone shortage has caused our suppliers to continue increasing prices beyond anything we have seen in recent years.
‘While Sun Chemical has utilized all its resources to offset these shortages and increases, we need to pass some of these increases on.’
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