Due to continued raw material cost pressure, Siegwerk will raise prices in its packaging market segments on average by 6 percent with immediate effect. “Latest discussions with suppliers indicate further price increases for some critical raw materials,” said Hugo Noordhoek Hegt, president Packaging EMEA. “Some expected price decreases are clearly not materializing. So despite of our various internal efficiency measures we are again forced to pass on some of these costs to our customers.” S...