With Flint North America and Yigesende board in April this year the company have announced price increases, packaging and printing companies will also face production costs continue to rise.
Flint North America has announced to all for a single sheet of paper printing, packaging and web offset liquid energy curing inks and coatings prices rose 6%, and entered into force with immediate effect.
Raw material cost increases and supply shortages are causing the ink and coating the price rise. The printing industry and related suppliers and raw material costs continue to rise and fight the shortage of basic materials, as this is crucial in terms of printing supplies manufacturers.
Flint Group, the U.S. company's supply chain vice president of DianeParisi explained: "We see that almost all of the raw material prices are rising, and influenced the world of printing supplies manufacturers. This continues, the consequences would be disastrous."
Ms. Parisi said: "In the raw material production capacity, now we are most disturbing problem is acrylic. Our suppliers need to use acid to produce energy in the Flint curing ink and acrylic paint used. "The North America's largest supplier of acrylic acid, a significant reduction in production recently, and another to stop production due to fire. The result will inevitably lead to the shortage of supplies of raw materials manufacturer. "
"Our research and projections indicate that raw material costs and supply shortages will not be resolved in the short term."
Flint Group ink manager MichaelPodd single sheet of paper that the group's global sourcing has the above factors as possible to minimize the impact of the consumer. Unfortunately, the rising cost of energy curable inks have been unable to supply chain, manufacturing and raw material ratio and other aspects of digestion.
Yigesende cardboard company also announced plans to increase its paperboard and folding carton board Incada Invercote in Europe, the selling price. The price increases will begin on May 10, specific programs are in European countries prices of € 100 per tonne, while prices in the UK £ 100 every meal.
The company said the rapid rise in raw material prices is to promote the main reason they make the decision. Yigesende board is Europe's largest forest company Holmen Group members.