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The Year In Review

After another challenging year, ink executives are cautiously optimistic as they look ahead to 2004

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By: DAVID SAVASTANO

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

As has been the case since the end of 2000, the ink industry suffered through tough times in 2003. According to the National Association of Printing Ink Manufacturers (NAPIM), the first three quarters of 2003 has brought more bad news. Overall ink sales are down 4.1 percent year to date, while volume has declined 3.3 percent. That signals more price erosion. On the publication and commercial side, volume is down 3.4 percent and sales are off 5.0 percent year to date, while packaging is down 2.8...

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