After the announcement of price increases for solvent based inks in January, hubergroup has announced general price increases for all sheetfed and UV offset inks and varnishes across Europe from April.
Depending on the individual product line, the raw material related price adjustments will be up to 10% in specific areas.
‘Key raw materials have seen increasing prices especially during the fourth quarter of 2017 and the first quarter of 2018, and this rise in prices will have a significant impact on our raw material costs. This situation now reached a level, where we cannot mitigate cost increases in our product portfolio for sheetfed and UV offset customers any further. Being a responsible, service and quality oriented supplier, we will contact our customer base accordingly about the product specific increases that we need to apply,’ said Dirk Aulbert, head of the Business Unit Europe within hubergroup.