Sun Chemical Increases North American Prices Of Publication Inks

PARSIPPANY, N.J.—Both citing the rising cost of raw materials (petroleum and aluminum), Eastman Kodak Co. announced it will increase prices on a select range of consumable products across its businesses on a worldwide basis and Sun Chemical said it will increase prices for publication inks by 12 percent effective July 1.

Kodak plans to raise prices by as much as 20 percent, depending on product line and geography. The increases will be rolled out by product group and geography in the coming weeks and the company expects them to be implemented by July 1.

Greg Lawson, Sun Chemical’s vice president of sales, noted that spiraling crude oil prices are impacting the many oils, resins and other hydrocarbon related materials used by the company, on top of adding to transportation costs.