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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,

Paper and ink manufacturers to increase prices

Paper and ink manufacturers to increase prices Richard Stuart-Turner Friday, March 5, 2021 Two major paper and ink manufacturers have outlined details of price rises due to come into effect from next month. Sappi s price increases are valid for deliveries from 1 April 2021 Sappi Europe will increase prices of all of its Packaging and Speciality paper grades by 7%-11%, valid for deliveries from 1 April 2021. In a statement, the paper manufacturer said: “Sharply rising input costs, particularly relevant to pulp and energy in combination with very high freight rates due to global logistic constraints make price increases unavoidable. “The Sappi sales team will be in contact with its customers to discuss the detail and support the implementation, taking into account individual existing agreements.”

Flint Group Packaging to start a global price increase

Flint Group Packaging will increase the prices of its ink and coating products, effective April 1, 2021. According to Flint, 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 commented, ‘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, solvents and pigments (including Titanium Dioxide), are particularly problematic.’

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