Sun Chemical to Increase Prices in the EMEA Region

Date: 28/01/2022
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Sun Chemical’s inks, coatings, consumables and adhesives will be subjected to a price increase in the EMEA region.

Sun Chemical has recently announced that it will increase the prices across the entire portfolio of packaging, commercial sheetfed and screen inks, coatings, consumables and adhesives in Europe, Middle East and Africa, effective immediately or as contracts allow. The company will communicate specific increases directly to the clients.

The company has declared that the price increase is caused by the unprecedented pace of inflationary cost movements that are still impacting raw materials and packaging components, as well as the sustained shortage of available labour and the supply and demand dynamics in both the global and regional logistics markets.

“Sun Chemical’s priority throughout 2021 has been to keep our products flowing to our customers, allowing them to keep their facilities operating. We continue to leverage our global network to secure raw materials and needed services. However, the competition for these resources is significant and is driving costs higher and faster than we can overcome through efficiency programs. This requires us to raise prices to our customers so that we can continue to secure the needed inputs to make and deliver quality products,” stated Mehran Yazdani, the president of the Global Packaging and Advanced Materials division at Sun Chemical.