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).
Finding the right tone â colours and inks in packaging
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Colour plays a crucial role in the world of packaging. According to findings by the Institute of Color Research, up to 85% of customersâ first impressions of a product on the supermarket shelf are based on colour alone. Colours that stand out on the shelf and also in an e-commerce context can make a real difference in how well a pack performs. But how can this be achieved, especially in a context of increased sustainability demands, and what are the challenges that have to be overcome? Elisabeth Skoda takes a closer look.
With no Drupa in 2020 or 2021, the Sunday Column rounds up print news from around the globe that could impact you
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Agfa, Flint up its plate, ink prices
Agfa has announced a big increase in plate prices worldwide, in response to the soaring raw material costs. According to the company, soaring input costs, particularly aluminium, energy and packaging materials, combined with sharply rising freight rates due to global logistic constraints make price increases unavoidable.
In the local market, TechNova, too, has increased its plate prices, but it has not disclosed the percentage of hike.
On the other hand, Flint Group Packaging has announced that it will increase the prices of its ink and coating products, effective 1 April 2021. The company said that it 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.
Paper, ink manufacturers increase prices printweek.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from printweek.in Daily Mail and Mail on Sunday newspapers.
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,