Sun Chemical implements price increase on nitrocellulose containing products in packaging and graphics

Print Solutions

Sun Chemical Packaging and Graphics is increasing prices across its entire portfolio of products containing nitrocellulose in Europe, Middle East, and Africa, due to significant raw material cost increase. The price increase is effective immediately, or as contracts allow, and varies based on each product’s type and nitrocellulose content.

Nitrocellulose, a key component in solvent based printing inks, is also used to produce automotive paints, wood varnishes, cosmetics, as well as explosives, propellants and ammunitions. The recent geopolitical conflicts and associated decisions towards rearmaments have drastically increased nitrocellulose market demand, leading to supply chain tensions and higher pricing.

‘We are facing significant raw material cost increases, necessitating higher prices,’ said Mehran Yazdani, president of global packaging and advanced materials. ‘Sun Chemical’s primary objective is to keep our customers supplied with the packaging solutions and services they need.’

The company is working to mitigate rising costs by implementing internal improvement programmes and maintaining close communication with its suppliers to ensure it is fully aligned with the most recent supply situation.

Sun Chemical will communicate specific price increases directly to its customers.