INX International announces price rise

INX International Ink Co has announced a price increase effective from September 1, 2010. Ongoing raw material supply shortages are continuing to have a serious effect on printing ink production. It has been stated that the economic downturn in 2008 caused many of the printing ink industry’s raw material suppliers to reduce operating capacity. Several suppliers permanently shut down manufacturing plants. Over the past 12 months demands have increased and raw material suppliers are still not positioned to adequately supple and service this increase in demands.

Solvent-based white inks and water based white inks will increase in price from four to six percent. Inks containing Violet 23 (purple) and water coatings will each increase eight percent. Water base inks, bases, clears and blends will rise two to four percent, and UV inks and coatings will be increased eight to 10 percent.