Industry News

Siegwerk USA and Siegwerk Canada Announce Price Increase

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Siegwerk USA and Siegwerk Canada will implement a 6 to 8 percent price increase on all packaging inks and coatings effective Jan. 1, 2009. This announcement comes as a response to continued price increases from all aspects of the supply chain.      The unprecedented increases experienced this year are related to a variety of reasons including oil prices, weakening U.S. dollar, tight supply/demand issues related to raw materials and feedstocks, and rising freight and energy costs. The near futu...

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