Flint Group increases the price of all packaging inks and coatings in India
Contempo events in the Middle East have triggered an increment in oil prices which presents a cascading outcome on the cost of solvent raw materials used in the manufacture of inks and coatings. The instability and current increases necessitate that Flint Group Packaging Inks in Bharat initiate a toll increase with firsthand outcome.
According to the press argument, effective immediately, a cost increase will utilise to all orders equally long every bit oil prices remain well above reasonable and standard levels. When and if prices begin to drop, Flintstone Group will reconsider the price increment and suit as needed.
Upal Roy, managing managing director, Flint Group India, explains, "We understand that toll increases have become an near 'routine' thing. However, we hope that our customers volition understand and appreciate that nosotros take no option but to laissez passer along the increase and that Flint Grouping cannot keep to absorb the entirety of these ascension costs."
"Despite today'south announcement, we are resolutely committed to efficiency projects that will go on to remove price and complication in our own operations. We too remain dedicated to helping our customers to improve their own efficiencies and to support process optimization inside their press rooms," Roy adds.
"Ultimately, production quality and consistency remain a fundamental focus; our customers can ever rely on u.s. for best in class products and services at the well-nigh economical price possible. For further data, contact your Flintstone Group representative to discuss oil and, consequentially, the major solvents used in the manufacture of our products."
Source: https://packagingsouthasia.com/consumables/inks/flint-group-increases-the-price-of-all-packaging-inks-and-coatings-in-india/
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