Sun Chemical, the world’s largest producer of printing inks and pigments, announced this week that it was raising the prices on ink because of increases in the costs of raw materials. In a press release, the company said:

For over 18 months, raw materials and energy cost volatility have significantly impacted the ink industry. Non-traditional factors recently began impacting the price of major feedstocks and raw materials, including: supply base consolidation and capacity curtailment, significant decline in refinery margins, and rationalized operating rates to diminish demand. The combination of these factors has led to elevated fixed costs on raw material goods.

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