Actega increases prices in North America

Actega North America will increase prices of inks, coatings, adhesives and pressroom chemicals in response to the continuing and sustained rise in raw material and supply chain costs.

Effective February 19, this increase will apply to products sold into all printing markets

Effective February 19, this increase will apply to products sold into all printing markets.

In addition to the cost increases already absorbed by Actega North America, a broad range of key raw material pricing remains volatile and cost pressure is expected to continue through 2018. Although the conditions are varied and wide spread, Actega identified the following examples:

  • Tight titanium dioxide supply on a global basis resulting in price escalation over the last 12 months;
  • Stringent Chinese environmental controls forcing manufacturer shutdowns and creating crippling shortages of wide ranging materials; and
  • Manufacturing disruptions tightening basic raw material supply and generating price escalations.

Mark Westwell, Actega North America CEO, said: ‘Actega North America has initiated many measures to absorb and mitigate cost increases over the past year, however additional disruption to supply and pricing stability requires us to pass along some of these costs. Our customers can be assured that quality and continuity of supply are top priorities for Actega.’

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