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A wide range of factors, including raw materials and freight costs, are impacting the packaging industry and all industry stakeholders.
December 2, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
BOBST procurement and supply-chain functions have conducted a detailed analysis to help maximize availability for converters across the globe. Although BOBST has conducted quarterly or even monthly business reviews with suppliers, additional measures were necessary in the face of highly volatile and rapidly increasing prices of raw materials: • Raw material used for machine frames and components has increased far beyond projections. The price of hot rolled steel plate hit record prices in July ...
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