Flint Group to increase packaging ink prices in Europe

Citing continued raw material cost pressure, Flint Group will further increase prices of all packaging inks in Europe effective 1 April 2011. 

‘The price increases for our customers resulting from the recent issues in the raw material markets will be on average 8 percent. In some segments our cost increases will however necessitate price rises of up to 30 percent,’ said Doug Aldred, vice president of sales packaging and narrow web, EMEA. ‘Violets, whites, greens and some specific reds are our major concern, and we will inform our customers individually about the overall impact of the price increases and surcharges on their specific product portfolio.

‘The raw material cost increases that we have faced over the last few months came on top of the rises already experienced during 2010. Continuity of supply and our ability to produce high quality products remain the primary concern of Flint Group. In close co-operation with our customers we will attempt to minimize the impact of these increases with raw material replacements, alternative products where relevant and our ongoing focus on productivity improvements.’ 

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