Printing ink manufacturer Hubergroup Print Solutions is responding to the rising costs of raw materials, transport, labour and energy with a price increase for all regions.
As the situation on the raw materials market continues to deteriorate and the costs of raw materials, transport, labour and energy are rising, the company is responding Hubergroup Print Solutions has now announced a price increase for all regions worldwide. The printing ink manufacturer emphasises that it is is working to minimise price increases for customers, by utilising its global supply network, examining other procurement methods and using alternative raw materials. Nevertheless, a price increase is unavoidable.
The price increase applies to all segments, i.e. for sheetfed/UV and web offset as well as flexo and gravure products and will vary depending on the product. Local contacts will inform customers about the specific effects and are available to answer questions at any time.
„The situation on the raw materials market is not easing, but is getting worse. The printing ink industry has been hit hard by the increased costs for transport and raw materials such as pigments, resins and solvents. In order to continue supplying our customers with high-quality products in the future, it is unfortunately unavoidable that we reflect the increased procurement costs in the prices of our products.“
Heiner Klokkers, CEO of the Hubergroup
SourceHubergroup
