Sun Chemical Set to Increase Ink Prices
June 2006
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NORTHLAKE, IL—Sun Chemical announced price increases of 9 percent on all publication inks, effective July 1, 2006. Additionally, surcharges will be applied where necessary to cover increasing costs in energy and freight.
“Despite our efforts to mitigate the impact of the rising costs in materials and fuel through active involvement with our supplier base and by driving internal efficiencies, raw materials—particularly ink oils and rosin resins—make up the majority of our costs and continue to spiral with no relief in sight,” explains Chris Parrilli, corporate vice president and president, North American publication inks.
“Despite our efforts to mitigate the impact of the rising costs in materials and fuel through active involvement with our supplier base and by driving internal efficiencies, raw materials—particularly ink oils and rosin resins—make up the majority of our costs and continue to spiral with no relief in sight,” explains Chris Parrilli, corporate vice president and president, North American publication inks.
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