Sun Chemical to increase prices of liquid inks in Europe

The supplier noted that costs have risen annually on a variety of key raw materials used to manufacture inks, including solvents, acrylic derivatives, organic pigments, and polyols and isocyanates, which are the basic building blocks for numerous resins. Additionally, ongoing initiatives in China to enforce tighter environmental regulations at chemical plants has resulted in ongoing supply disruptions, it stated.

Felipe Mellado, chief marketing officer at Sun Chemical, explained: ‘The increasing raw material costs continue at an unprecedented rate and require us to increase customer prices. We will continue to work with our supply chain partners to manage and minimize the impact on our customers.’