Sun Chemical has announced price increase across a broad portfolio of its inks in Europe, the Middle East and Africa (EMEA), effective immediately.
Following the issues to the supply chains of colour and white pigments in recent months: disruption, shortage, insolvency, anti-dumping import tax, as well as further increasing sea freight rates from Asia; Sun Chemical has increased the price of both its colour and white inks.
Mehran Yazdani, president, global packaging and advanced materials, Sun Chemical, commented, ‘The pressure across the supply chain is causing significant rise in inks raw material costs and unfortunately requires us to increase prices. We will continue to work with our sourcing partners to manage and minimise the impact on our customers.’
Sun Chemical said it is working hard to mitigate rising costs by implementing internal improvement programmes and by maintaining very close communication with its suppliers and industry associations to ensure it is fully aligned to the latest procurement situation. Sun Chemical will communicate specific increases directly with its customers.
