PARSIPPANY, N.J., USA – April 30, 2021 – Sun Chemical will increase prices across its portfolio of publication inks in North America, effective June 1, 2021.
The continued escalation of raw material costs, increasing international and domestic freight rates, and shortages of key material inputs into the printing ink supply chain, have all contributed to this price increase.
“These inflationary pressures require us to raise prices in this market,” said Chris Parrilli, President of North American Inks, Sun Chemical. “Our goal is to continue to deliver the world class support and services our customers expect in order for them to meet their business objectives. We understand the pressures the publication markets face and will continue to investigate all opportunities to mitigate these inflationary pressures on an ongoing basis.”
As a leading ink supplier, Sun Chemical is working hard to mitigate rising costs by implementing internal improvement programs and maintaining very close communication with its suppliers and industry associations to ensure it is fully aligned to the latest procurement situation. Sun Chemical will communicate specific increases directly with its customers.
Customers with questions can reach out to their local Sun Chemical sales representative.
About Sun Chemical
Sun Chemical, a member of the DIC group, is a leading producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials. Together with DIC, Sun Chemical has annual sales of more than $7.5 billion and over 20,000 employees supporting customers around the world.
Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.A. For more information, please visit our website at www.sunchemical.com or connect with us on LinkedIn or Twitter.