Sun Chemical will increase prices across its entire portfolio of publication, packaging and commercial sheetfed inks, coatings, and adhesives in North America, effective immediately.
“The inflationary cost trends in raw materials used within the ink industry have continued to accelerate throughout the course of the year,” says a news release from Sun Chemical.
“Availability of skilled labor remains a challenge and in order to attract and retain a committed team, labor costs and benefits have risen exponentially. International and domestic logistics costs have continued their steady climb and forecasts show no change in these trends in the near term,” it says.
Sun Chemical will communicate specific increases directly with its customers.
Sun Chemical Corporation is a subsidiary of Sun Chemical Group Cooperatief, the Netherlands, and is headquartered in Parsippany, New Jersey.