Sun Chemical Raising Commercial Ink Price
NORTHLAKE, IL—Sun Chemical is implementing an eight percent price increase for its commercial and screen inks sold in North America, effective January 1, 2007. According to Mark Levin, president of Sun’s Commercial Group, the company cannot continue to absorb increases in raw materials and operating costs.
“During these challenging times, we have taken many steps to reduce our operating costs in an effort to offset these increases,” Levin said. “We recognize the impact this has on our customers but must take this action to protect the long-term viability of our business.”
Levin said one factor behind increased costs is suppliers of key materials abandoning the printing ink industry in favor of more profitable outlets for their products.