Flint Group will raise prices on offset inks in Europe , the company announced. Increase amounts vary
depending on product lines and technologies based on the raw materials make-up,
the company said. The specific increases will be communicated by Flint Group’s
sales leadership teams.
The company
cited raw material shortages, challenging supply chain conditions and new
disruptions as behind the increases. Specifically, it blamed new global
environmental legislation being introduced by the International Maritime
Organization in 2020 regarding sulfur content in marine fuel oil MARPOL, India and China adopting stricter
environmental regulations on pigments and base chemicals manufacturing, and
increased freight costs.
CPS Inks is
a global Flint Group business unit offering offset and publication gravure
inks, blankets and consumables to offset web and offset sheetfed printers.
Headquartered in Luxembourg ,
Flint Group employs some 7,900 people.
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