The main raw materials for inks, coatings, and pigments are petrochemical products. With the soaring oil prices, the prices of petrochemical products have also continued to rise, and the demand for chemicals in the international market continues to rise. In addition, the decline in inflation and profitability has led to a lag in investment in the chemical industry, and growth in production capacity has failed to meet demand. Once again, environmental protection has been put on the agenda. The increase in environmental protection expenditures, transportation costs, and even the increase in the cost of employee health have all led to an increase in the production costs of major companies. However, some key raw materials such as TiO2, acrylic acid derivatives, and nitrocellulose resins have the potential to delay delivery due to production cuts or production cuts in North America. This has also affected the normal production of the industry to some extent.
The above reasons have led to the beginning of the new year in 2005. Major inks, coatings, and chemical companies have also announced that they will increase the prices of some products and brands.
Relevant sources said that this price increase cannot completely compensate for the increase in production costs. Some companies have not made any price adjustments for years. During this period, some companies have been reducing production costs by increasing production efficiency and increasing investment. However, the current increase in production costs has exceeded the limit that the company can afford and digest, and even basic profits cannot be guaranteed. It was in the midst of helplessness that it was decided to increase prices.
Ink
The rise in ink prices will directly affect the cost of companies in the silk screen printing industry. With the formation of the global market, the burden on the supply chain has increased, resulting in the shortage of some raw materials; at the same time, spiraling up energy and oil prices, coupled with limited chemical processing capacity and rising global demand, have caused the price of printing inks to increase substantially. Rise.
Flint Company Announces Price Increase of Commercial Ink on the 1st: Flint Ink North America recently announced that prices of commercial ink products will increase by 6% from January 1, 2005. The price increase is mainly used to cope with rising raw materials, transportation and energy prices. The overall cost of supplementing printing ink production rose.
Gao's Ink Co., Ltd. will raise the price of printing inks comprehensively On December 15th, Kohl & Madden, a subsidiary of Sun Chemical Group, announced that the company's commercial printing inks have been fully available since January 1, 2005. price. The price increase ranged from 4% to 8%.
coating
Almost all companies have emphasized the increase in product prices because of rising raw materials, energy, and transportation costs. The coating can be applied in the printing and printing field, so the rising price of the coating is inseparable from the development of the industry.
2005 Paints and some raw materials prices began to kick in. Kerr-McGee Chemical LLC and its subsidiaries announced that they will increase Tronox titanium dioxide pigment prices from January 1, 2005. Price increase: 6 cents in North America, 125 US dollars per ton in Latin America, 120 euros per ton in Europe, 200 US dollars per ton in the Near East, and 150 US dollars per ton in Asia and the Pacific The Japanese market raised the price by 0,42 dollars per kilogram.
MD-Both Announces Price Increases in Raw Materials for Coatings in 2005 Industrial companies have announced that since January 1, 2005, all metal inks and pigments produced by the company have been subject to price increases, with prices ranging from 5% to 7%.
Rohm and Haas German company announces that paint will increase by 5-7%
The Rohm and Haas Company's company in Frankfurt, Germany, announced that it will raise the price of all its paint products. The price increase date is February 1, 2005. The price increase is about 5-7%.
How Chinese Paint Manufacturers Control Price Factors Pigments Some foreign companies have announced to increase their own product prices on New Year's Eve: If Dow Chemical Company announced that it will increase its butadiene-benzene market in the United States and Canada from January 1, 2005 The price of ethylene latex and styrene-acrylic latex increases by 4 cents per dry weight...
Degussa's New Filler Pigments: Upgrading of Carbon Black Price The Degussa New Fillers and Pigments Division has announced that since January 1, 2005, the price of pigment carbon black has been increased by an average of 6%, and the average price of pigment carbon black predispersed has been announced. Up 3%. The company stated that rising raw materials, energy, labor and transportation costs are the main reasons for this increase in carbon black prices.
LANXESS to adjust inorganic pigment prices in early 2005 Lanxess, the world’s leading manufacturer of iron oxides and chromium oxides, announced that the increase in raw materials, energy and freight has significantly increased the Production costs, Lanxess will increase the price of inorganic pigments on January 1, 2005.
Some foreign companies plan to increase the price of titanium dioxide LLC and its subsidiaries announced that from January 1, 2005, Tronox titanium dioxide pigment prices increase.
Other BASF will increase prices in the United States and Canada January 2005, BASF will be in the United States and Canada for all acrylic and styrene acrylic latex products used in the adhesives, construction materials, construction, nonwovens and paper coating industries. The price is raised.
Dow Improves Global Solution Vinyl Chloride Resin Prices Starting January 1, 2005, Dow's epoxy and intermediate (EP&I) business decided to increase UCAR branded solution polyvinyl chloride resin (SVR) prices globally. 15%.