Flint Group Europe Announces Price increases for All White Inks for Packaging, Labels

Flint Group Europe announces price increases for all white inks for packaging and labels effective April 1, 2012.
Raw material costs have been a significant issue in 2011 and many of the key feedstocks are still continuing their upward trend. A number of resins and solvents, and particularly titanium dioxide, continue to escalate in price, with producers announcing prices to increase for the sixth quarter in a row. Unfortunately, this trend is expected to continue through the balance of 2012.
“The ongoing cost increases are particularly impacting on white inks,” said Doug Aldred, [resident Packaging and Narrow Web. “While we continue to reformulate to the most economical choices available, these increases cannot be absorbed further.”
Cost pressures require Flint Group to pass increases through a combination of price increases and surcharges for solvent-based, water-based and UV whites in Europe. The increases will be effective April 1, 2012, and range between €0.22/kg and €0.40/kg, depending on the type of products purchased.