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Suppliers perfect storm forecasts pain for printers

Suppliers’ perfect storm forecasts pain for printers Jo Francis Thursday, April 29, 2021 In March the eyes of the world turned to the drama unfolding on the Suez Canal, with megaship Ever Given blocking the crucial shipping artery for the best part of a week. The incident resulted in the creation of an abundance of hilarious memes, particularly involving the little digger attempting to free the monster vessel, but the knock-on effects are anything but funny. At the time of writing, almost three weeks after it was freed, Ever Given and its circa 20,000 containers was still being held by Egyptian authorities while talks continued over compensation claims with reports that one claim alone was for more than $900m (£650m).

Flint Group Packaging announces global price increase

Flint Group Packaging announces global price increase Flint Group Packaging announces the intention to increase the prices of its ink and coating products, effective 1 April 2021. The company is facing an extraordinarily turbulent set of supply chain conditions, exacerbated by the global pandemic The company is facing an extraordinarily turbulent set of supply chain conditions, exacerbated by the global pandemic. Costs are increasing and supply is tightening across almost all procurement categories: multiple petrochemical derivatives – such as resins and solvents; pigments, and freight, are three of the most volatile areas. Doug Aldred, president of Flint Group Packaging Inks, said, “The unusual set of supply chain conditions currently witnessed are some of the most severe I have seen. Our business is facing substantial cost and availability headwinds, across multiple raw material categories. Resins,

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