Ink Prices on the Rise

Today the Flint Group North America announced an increase in Ink prices. Flint cited the continuing and unprecedented rise in raw materials, transportation and energy costs as the reason for the increase.
The following inks are affected:
Publication Gravure - 10%
Publication Heatset - 8%
News Ink - 6%
Sheetfed - 5% to 7% depending on product technology and color.
Packaging – up to 12% depending on product technology and color.

Sheetfed buyers...expect these costs to be passed on to you. The increases are set to become effective October 1, 2007.

Flint Group is citing that "the increased global consumption of petroleum and petroleum derivatives, along with limited refinery capacity, continue to be the key drivers in the cost of raw materials" according to Bill Miller, President Flint Group North America.

Link to Press release: http://www.flintgrp.com/FlintGroupPressRelease.nsf/PressRelease/C9544A35B6F7ACA3852573440070F815?OpenDocument