Flint Group North America Raises Prices on Silicone Web Conditioners
PLYMOUTH, MI—July 1, 2014—Flint Group North America has announced a 15 percent price increase on silicones used in heatset web applications.
New prices take effect on silicones ordered in the United States and Canada on or after July 1, 2014, subject to existing contracts.
The silicone price increase is driven by continued cost increases of silicone oil—the key component in silicone emulsions used by heatset web printers.
“Flint Group is taking every possible measure to mitigate the impact of these increases,” said Michael Kellen, Flint Group’s director of pressroom chemicals. “We appreciate customers’ understanding of the market conditions that make these price increases necessary.”
About Flint Group
Flint Group is dedicated to serving the global printing and packaging industry. The company develops, manufactures and markets an extensive portfolio of printing consumables, including: a vast range of conventional and energy curable inks and coatings for most offset, flexographic and gravure applications; pressroom chemicals, printing blankets and sleeves for offset printing; photopolymer printing plates and sleeves, platemaking equipment and flexographic sleeve systems; pigments and additives for use in inks and other colorant applications.
With a strong customer focus, service and support, and products, Flint Group strives to provide exceptional value, consistent quality and continuous innovation to customers around the world. Headquartered in Luxembourg, Flint Group employs some 6,600 people. Revenues for 2013 were € 2.2 billion (U.S. $2.9 billion). On a worldwide basis, the company is the number one or number two supplier in every major market segment it serves.
Source: Flint Group.