Industry News, Ink Manufacturers News, Price Increases

Siegwerk Forced to Pass on Higher Costs

Commodity prices are at record levels

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The printing inks industry in Germany is sounding the alarm. The prices of raw materials are rising worldwide. Within three years, the annual average price of colophony, a resin obtained from coniferous trees, has doubled. But without colophony, the production of printing inks for newspapers and packaging materials is not possible. In addition, the dramatic rises in energy and transport costs are also placing great strains on the industry. “There is no end to the price spiral in sight, ...

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