The Huber Group has announced price rises for all Sheetfed and UV Offset inks and varnishes across Europe from the 1st of April. The price increases could be as high as ten percent for some products.
This shouldn’t really be a surprise given that other ink manufacturers such as Sun Chemical and Flint have already announced similar price increases this year, mainly due to shortages in raw materials.
Dirk Aulbert, head of European business for Huber Group, explains: “Key raw materials like Azo and Phthalocyanine pigments, carbon black and the largest part of our additive portfolio (all ink product lines), MMA-based acrylate resins (waterbased varnishes), UV monomers and oligomers, photoinitiators (all UV product lines) have seen increasing prices especially during the fourth quarter of 2017 and the first quarter of 2018, and this rise in prices will have a significant impact on our raw material costs.”
He continues: “This situation has now reached a level, where we cannot mitigate cost increases in our product portfolio for Sheetfed and UV Offset customers any further. Being a responsible, service- and quality-oriented supplier to the printing and packaging industry across Europe we will take up contact with our customer base accordingly about the product specific increases that we need to apply.”
This follows on from price rises to Huber Group’s solvent inks back in January.