Agfa in a recent press release announces that it will implement double-digit price increases across its digital print & chemicals portfolio worldwide, effective January 1, 2023. In a statement, the company continues to be confronted with historically high-costs for raw materials, logistics, energy and salaries. Despite sustained efforts in improving efficiency and constant sourcing optimisation, these price increases are necessary to compensate for continuing high inflationary pressure on energy, raw material, logistics and salary costs, said a source from the company.
An authentic source from Agfa mentions that despite the company’s relentless efforts to contain expenditures, they continue to be confronted with historically high costs for raw materials, logistics, energy and salaries. In order to run a sustainable business – allowing Agfa to guarantee supply and to continue to bring innovative products and quality service to our customers – they have no other choice but to increase the prices of its products substantially.