Flint Group VP Offers Insight on Raw Material Costs in 2012

Crude oil in 2011 was on average higher than in 2008, when we all spoke about the crude oil crisis. We have already witnessed 2012 prices creep almost silently past 2011 figures. Crude is the single largest cost driver for the ink industry with many materials linked to this such as mineral oils, hydrocarbon resins, carbon black and solvents in addition to many other chemicals that are also indirectly linked to crude.