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The Year in Review

For most ink manufacturers, 2007 was a good year, although there remains much uncertainty regarding raw material costs and consolidation among printers. Meanwhile, a number of new leaders took the helm during the year.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Charles Knott The past few years have been financially challenging for the printing ink industry. Higher raw material, operational and transportation costs have cut sharply into profitability, and the decline in the printing industry has reduced ink shipments further. According to the U.S.-based National Association of Printing Ink Manufacturers (NAPIM), the earnings before interest and taxes (EBIT) in 2006 was a paltry 1.9 percent.      However, ink industry leaders report that 2007 is an...

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