Industry News

Ciba Announces Price Increases for Lake Red C Pigments for Inks

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ciba has announced that the Business Line Imaging and Inks will initiate a price increase of 10 to 20 percent for its Lake Red C pigment products for ink applications. All price increases will be effective immediately or as contracts allow. This price increase results from continuing significant increase in raw materials costs brought about by rising oil prices and reduced supply of key raw materials due to the closing of several production plants and significantly restricted output levels in Ch...

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