Flint Group announces ink price increase in Europe

Flint Group has announced a price increase of 22 percent for packaging and narrow web inks in Europe that contain pigment violet PV 23. 

‘During the past 12 months we have been fighting dramatic cost increases for this product of up to 70 percent. Further increases are expected,’ explained Jens Zimmermann, director of global marketing and business development at Flint Group Packaging and Narrow Web. The main cost driver for Violet 23 is the reduced availability of the key material for this pigment, Carbazole, which is mainly produced in China and India. 

‘Flint Group is working with leading pigment suppliers to manage this situation and thus lessen the cost impact,’ said Zimmermann. ‘With the recent raw material cost increases we are however regretfully forced to increase prices for all packaging and narrow web inks in Europe containing pigment violet PV 23 by 22 percent as of 15 December 2010.’

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