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July 28, 2008
By: DAVID SAVASTANO
Editor, Ink World Magazine
Siegwerk is forced to respond in Europe to the rapidly increasing costs of raw materials, energy and transportation. “Since January 2007 the prices of raw materials used in the production of inks and varnishes have climbed by up to 30 percent worldwide, costs for crude oil and natural gas have more than doubled,” stated CEO Herbert Forker. “In Europe we see no other way than to pass parts of these costs on to our customers.” The supply situation regarding raw materials and intermediates is b...
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