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Sun Chem announces price hike

Jan 1, 2011 12:00 AM

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Faced with continued increases in the costs of raw materials and volatility in the global supply chain, Sun Chemical will raise prices in North America on February 1, 2011. The increases:

  • $0.14/lb. for sheetfed blending bases.
  • $0.10/lb. for sheetfed blacks, whites and varnishes.
  • $0.12/lb. for heatset process black and color inks.
  • $0.07/lb. for solvent-based liquid inks.
  • $0.10/lb. for all white liquid inks.
  • 5% for screen inks.
  • 8 to 12% for heatset Pantone Matching System (PMS), fluorescent, metallic inks and overprint varnishes.
  • 5 to 10% for silicones and washes.
  • 5% for fountain solutions.

For over two years, raw material costs and supply instability have significantly impacted the ink industry. Non-traditional factors that began early in 2010 to impact the price of major feedstocks and raw materials continue, according to Sun Chemical. These include supply base consolidation and capacity curtailment, significant decline in refinery margins, and rationalized operating rates to meet diminished demand.