- Energy, material and transport price rises bring about cost increase
Effective January 1, 2013, Flint Group will raise prices for photopolymer printing plates by three percent to recover general cost increases.
Flint said energy costs have risen by more than 20 percent since 2007, with further major increases expected due to the move to renewable energies. Transportation and logistic costs have constantly gone up during recent years, and future increases are already becoming evident.
As a result of the economical crisis at the end of 2008, raw material prices have also escalated and still remain at a continuing high level; recovery cannot be seen.
Photopolymer printing plates are manufactured with several special raw materials, which are exclusively produced for these products.
‘We place high demands on quality and the specification of our raw materials,’ said Dr Thomas Zwez, vice president of operations at Flint Group Flexographic Products. ‘It is obvious that our suppliers will charge us for this service.
‘Due to this special situation, we have to work constantly to secure our raw material base. This means significant additional efforts, which tie up considerable resources.’
Flint Group’s sales representatives will soon contact customers to discuss the details of the price increase.
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