Sun Chemical, Flint Ink, and BASF Raise Prices
- Published: October 18, 2005, By pffc-online.com
PRESS RELEASE
NORTHLAKE, IL—Sun Chemical has raised prices in North America 9%-12%—depending on the specific products—due to continued increases in raw material prices and shortages of key ingredients. The increases cover inks, coatings, fountain solutions, and other printing consumables. Additionally, Sun Chemical will apply surcharges where appropriate to cover energy and freight costs.
"These increases do ont factor in the effects due to Hurricanes Rita and Katrina which will affect the petroleum and chemical industries in the Gulf States," says Chris Morrissey, corporate VP, marketing.
See sunchemical.com.
ANN ARBOR, MI—To offset escalation of raw materials, energy, and freight costs, Flint Ink has implemented the following price increases and freight surcharges:
| Product | Price Increase | Surcharge per Pound |
|---|---|---|
| Heatset Web Offset Inks | 12% | Two cents |
| Publication Gravure Inks | 12% | Two cents |
| Packaging Inks—Solvent | 10% | Four cents |
| Packaging Inks—Water | 6% | Four cents |
| Energy Curable Inks | 10% | Four cents |
| Commercial and Packaging Sheetfed Inks | 10% | Four cents |
| Coldset News/Directory Black Inks | 12 cents/lb. |
Freight surcharges will be reviewed on a quarterly basis. See flintink.com.
FLORHAM PARK, NJ—BASF has imposed an energy surcharge of two cents per wet lb. on all paper chemical products in North America. It will be recalculated quarterly and will remain in effect until the company's energy costs return to their January 2005 level.
Affected product lines include Styronal, Acronal, Basonal, Calsan, Sterocoll, Polymin, Catiofast, Basoplast, Afranil, Basazol, Fastusol, and Solar.
See basf.com.
