Price Increases for Sun Chemical Packaging Inks

White inks, nitrocellulose varnish, and other products containing the phthalocyanine green (PG7) pigment will each see significantly higher price increases. Specific price increases by region will be announced in the following days.

“Raw materials cost and supply instability continue to significantly impact the ink industry,” said Felipe Mellado, Chief Marketing Officer, Sun Chemical. “In fact, raw materials in 2011 experienced both a record level of volatility, as well as unprecedented price increases. Titanium dioxide, for example, experienced steep price increases reaching a level more than 50 percent higher than in early 2010.”