Flint CPS Inks plans to implement selective price
increases for 2020, the company said. The company cites challenges in the area
of raw material shortages, worsening supply chain conditions and raw material
cost increases as reasons behind the increases.
In
addition, although the price of oil is comparatively stable, refining
capability for the solvents Flint CPS uses is more restricted, leading to
upward cost pressure, according to Flint CPS Inks.
Transport
costs are also rising, partially reflecting problems in obtaining drivers but
also through truck use challenges due to lower customer transit volumes, the
company says.
Flint Group
develops, manufactures and markets a range of printing consumables and printing
equipment, including conventional and energy curable inks and coatings for most
offset, flexographic and gravure applications, pressroom chemicals and
plate-making equipment.
Headquartered
in Luxembourg ,
Flint Group employs some 7,500 people.
News and Tech
No comments:
Post a Comment
For now, we're opening this blog to Anonymous comments. This will continue as long as civility rules. Disagree as you may, just keep it clean and stay on topic. No profanity, and no name calling. We reserve the right to moderate such comments, though the person who made it may come back and reword their message in a more civil way.