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Siegwerk Announces Price Increases

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By: DAVID SAVASTANO

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

Siegwerk is announcing price increases of 3.5 percent for all packaging inks and coatings sold throughout the NAFTA region effective Jan. 1, 2007.
    
This increase comes in response to the continuing raw material increases experienced throughout all aspects of the ink industry including resins, solvents, pigments, additives, and other related key ingredients. Siegwerk has worked diligently to consolidate its manufacturing processes, transportation lanes, and product lines, as well as reduce its operating expenses; however, raw material increases continue to out pace Siegwerk’s ability to mitigate the effects on its customers.

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