Industry News, Ink Manufacturers News, Price Increases

hubergroup: Price Increase Due to Massive Rise in Raw Material and Transport Costs

Transport costs, costs of pigments including titanium dioxide and petrochemical raw materials have continued to rise massively over the course of the year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

For some time now, the rise in raw material costs and the shortage of freight capacity have been putting pressure on companies worldwide. The printing ink industry has also been severely affected, as transport costs and the costs of pigments (including titanium dioxide) and petrochemical raw materials such as resins and solvents have continued to rise massively over the course of the year. hubergroup, an international manufacturer of printing inks and speciality chemicals, is therefore now reac...

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