Industry News

Cost Situation for Printing Inks In and From Europe

Raw material costs increase despite low oil prices

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

The European Printing Ink Association (EuPIA) reports that crucial raw materials for printing inks have become more expensive for European-based ink manufacturers due to currency exchange effects. The reduction in purchasing power of the euro is the critical driver behind the increased costs of almost all raw materials, with the U.S. dollar, the global currency for trade, gaining more than 15% over the euro in the last year. The prevailing low price of crude oil can only compensate for par...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters