Features

The Impact of Lower Crude Oil Costs on Printing Inks

Declining crude oil costs don’t necessarily translate into lower prices for ink manufacturers. Here’s why.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Declining crude oil costs are making people happier at the gas pumps, and are helping manufacturers who use oil and its derivatives as well. However, printing inks are a more complex product, and crude oil does not impact all varieties of ink. Presently, crude oil is trading at approximately $60 per barrel. In July 2008, it hit its peak at more than $145 per barrel. Ink World discussed the issue of crude oil costs and their relationship to ink making with ink industry leaders. Here are the...

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