Sun Chemical to Increase Prices on Inks and Solvents

“We have seen an unrelenting elevation of costs on raw materials such as nitrocellulose, which has a price increase of over 15 percent announced for July 1 based on a 32 percent increase for cellulose, the base feedstock. We simply cannot offset the drastic raw material price increases we have seen this past year across all our product lines,” said Tony Renzi, Vice President of Product Management, Liquid Inks, North American Inks, Sun Chemical. “Despite these challenges, we are looking for ways to work closely with our supply chain partners on controlling our own costs.”