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September 25, 2007
By: DAVID SAVASTANO
Editor, Ink World Magazine
Color Resolutions International (CRI) has announced that effective November 1, 2007 prices on all packaging inks will be raised from 7 to 14 percent, depending on the color and resin technology. CRI president and CEO George Sickinger indicated that the price increases are necessary due to two major factors – elimination of refunds that Chinese exporters receive from the Chinese value-added tax (VAT) and a continuing rise in raw materials, transportation and energy costs. Effective July 1...
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