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Sun Chemical Europe Announces Price Increases

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By: DAVID SAVASTANO

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

Sun Chemical Europe announced price increases in Europe of 6 percent to 10 percent, depending on the specific products, due to continued and rapid increases in raw material prices as well as shortages of many key ingredients. The increases, effective from Jan. 1, will cover inks, coatings, fountain solutions and other printing consumables supplied by the company.
    
“Sun Chemical is proactively working with its supplier base, monitoring industry conditions and continuing internal efficiency programs to mitigate the impact of rising costs, material scarcities and transportation availability,” said Felipe Mellado, corporate vice president, marketing, Sun Chemical Europe. “However, given the rapidity and scale of cost increases, we are forced to implement price increases to cover basic costs that are not expected to drop any time soon.”
    
“In Europe we are operating in a challenging environment and these increases will ensure our customers can count on us to continue to offer the best total value in the industry through innovation, technology, superior service and ease of doing business,” said David Meldram, senior vice president, Sun Chemical.

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