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Doneck Network Calculates Solvent Surcharges as of April 1

To secure its supply for the coming weeks, Doneck said it had to accept price increases from its solvent suppliers.

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By: Anthony Locicero

Copy editor, New York Post

The Doneck Network said it will levy solvent surcharges on solvent-based flexo and gravure inks as of April 1, 2020.
 
To secure its supply for the coming weeks, Doneck said it had to accept price increases from its solvent suppliers. 
 
Starting April 1, the company will levy a product-specific solvent surcharge in accordance with the proportion of the ink used, which is shown separately in the amount of the increase. 
 
The surcharge will be updated in line with the development of costs and will be automatically waived when the base price for March 2020 is reached.
 
Due to the coronavirus pandemic, there is a relevant shortage of solvents, especially ethanol and isopropyl alcohol, as the latter are used in pharmaceutical and disinfection products.
 
The DONECK NETWORK team is working under high pressure with its suppliers to secure the solvent quantities required to counteract the shortage and bottlenecks in transport capacities.Alson, internal optimization programs support the company’s efforts to keep the cost burdens for its customers as low as possible.

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