Price Increases for Consumables Announced

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.