Hubergroup announces price rise on inks, consumables
Hubergroup Print Solutions has announced price increase on its ink and consumable products. According to Suresh Kalra, head of regional business unit Asia, Hubergroup, the price increase will apply to all segments, including sheetfed/UV and web offset as well as flexo and gravure products.
04 Mar 2022 | 3188 Views | By Rahul Kumar
With more than 255 years of experience, Hubergroup Print Solutions is one of the leading ink specialists and experts in the field of fountain solution additives. As the costs of raw materials, transport, labour, and energy continue to rise, Hubergroup Print Solutions now reacted with a price increase for all global regions.
Kalra said local contacts will inform customers about the concrete effects and be available for questions at any time.
The ink manufacturer added that it is working hard to minimise price increases for customers by using its global supply network, examining other sourcing methods, and utilising alternative raw materials. Nevertheless, a price increase is unavoidable.
“The situation on the raw material market is not easing, but instead continues to worsen,” said Heiner Klokkers, CEO, Hubergroup. “The printing ink industry is severely affected by the increased costs for transport and raw materials such as pigments, resins or solvents. To ensure that we can continue to supply our customers with high-quality products in the future, it is unfortunately unavoidable that we reflect the increased procurement costs in the prices of our products.”