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Kodak Announces Plate Price Increase

The price of aluminum, the primary raw material used to manufacture printing plates, has increased dramatically in recent mon

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By: DAVID SAVASTANO

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

Kodak announced it will increase the price of Kodak offset printing plates globally. Plate prices will increase up to 9%.
 
The price of aluminum, the primary raw material used to manufacture printing plates, has increased dramatically in recent months. Despite internal cost reductions and improved operational productivity, the magnitude of rising aluminum prices can no longer be sustained by the company.
 
“With aluminum prices now reaching multi-year highs, it has become necessary to institute a plates price increase,” John O’Grady, president, Print Systems Division, Kodak, said. “While Kodak has worked diligently to reduce its own costs to lessen the impact of aluminum, the delta has become too great for us to bear, while maintaining our brand promise as a supplier of quality plates to the industry.”
 
 

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