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8 December 2021
Flint Announces Another Round of Price Increases
CHICAGO—
Flint Group Offset Packaging Solutions (OPS) announces the further increases of prices of all Sheetfed Inks and Coatings, Press Room Chemistry and Transfer Media Products. Flint Group OPS has been faced with shortages across the full breadth of the supply chain, including key raw materials, packaging, international freight and local logistics. Conditions have been further exacerbated over recent months, and costs have risen to unprecedented levels.
The rapid increase in costs and shortage in supply can be seen across all procurement categories, the vast majority of which can be seen across pigments, resins, oils, organic chemicals, solvents and additives, as well as a significant increase in the cost of steel, plastic, corrugated and wooden packaging types. The supply chain challenges and rising costs experienced by all suppliers to the printing industry are showing no signs of losing momentum.This is the third announced price increase for Flint's Offset Packaging Division.
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