Sun Chemical to Raise Ink Prices

“With the market’s continued tightness, TiO2 is forecasted to increase another 6-8 percent quarterly in 2011. Factors like these for TiO2 and other raw materials have made it difficult to offset the rising raw material costs and unfortunately has forced us to pass some of these costs on to our customers.“

“At Sun Chemical, we have worked and continue to work extremely hard to control our own costs as well as work closely with our supply chain partners to curtail cost, but it has not been enough to offset the drastic raw material price increases we have seen this past year across all our product lines,” said Charles Murray, President, North American Inks, Sun Chemical. “We will continue to work closely with our customers to help them get the most possible out of their inks, and to develop new value oriented products and services that can help them grow their business despite this challenging marketplace.”