Wexham Springs, UK – 28 February, 2022 – Sun Chemical will implement energy surcharges across its entire portfolio of packaging, commercial sheetfed, and screen inks, coatings, consumables, and adhesives in Europe, Middle East, Africa, effective from March 1st 2022.
As the unprecedented pace of inflationary cost movements continues to impact the entire spectrum of raw material and packaging components for the ink industry, without sign of stabilisation in sight, the industry is also being hit by abrupt rises of energy costs of all kinds, including electricity, gas, fuel, diesel, drastically impacting manufacturing costs and freights costs. The current situation in Europe has already been adding up further on costs, with more uncertainties moving forward.
“Sun Chemical’s priority remains to keep supplying our customers, allowing them to keep their facilities operating. We continue to leverage our global network to secure our manufacturing and services efficiency,” said Mehran Yazdani, President, Global Packaging and Advanced Materials. “However, the magnitude of recent energy related inflation cannot be absorbed and requires us to implement surcharges to our customers. The situation will need to be adjusted as it goes, and we can assure our customers that surcharges will be phasing out as the situation allows”.
Sun Chemical will communicate specific surcharges, which are in addition to previously announced price increases, directly with its customers. Customers with questions can reach out to their local Sun Chemical sales representative.