Flint Group raising prices on offset inks, coatings in North America

In late September, Flint Group announced price increases on all offset inks and coatings in North America. Percent increases vary across product lines and technologies based on the raw materials makeup, according to the company.

In a press release, Flint Group cites raw material shortages, worsening supply chain conditions and new disruptions as being behind the increases.

“The strongest raw material headwinds we face today can be grouped into four categories,” says Michael Podd, chief procurement officer of Flint Group’s CPS Inks division: U.S. tariffs against China, increased freight costs, increased costs of raw materials including crude, and European REACH regulations (Registration, Evaluation, Authorization and Restriction of Chemicals).

All this hits an already-strained raw material supply chain, still reeling from the unintended consequences of China’s Blue Skies initiative and drastic supply shortages, the company says.

“Flint Group will work closely with our customers to manage through this price increase and to benefit from our preferred status with suppliers, which makes Flint Group best positioned to meet customer needs without sacrificing quality,” says Mike Green, vice president of sales of Flint Group’s North America offset inks.

Headquartered in Luxembourg, Flint Group employs some 7,900 people.

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