Flint Group Packaging will raise the price of its ink and coating products on 1 April.
Present, Doug Aldred, said: “The unusual set of supply chain conditions currently witnessed are some of the most severe I have seen. Our business is facing substantial cost and availability headwinds, across multiple raw material categories. Resins, solvents and pigments (including Titanium Dioxide), are particularly problematic”.
Flint Group Packaging said it continues to collaborate with its supply chain to mitigate as many negative effects as possible, but that recent upstream force majeure announcements and the acute global freight imbalance is impeding some corrective actions.