25. Feb 2021 | Markets & Companies
EuPIA: Printing ink producers under intense pressure
As the EuPia tells, a number of compounding issues are leading to significant pressure on printing ink manufacturers across Europe. The increased cost of pigment raw materials, tightening upstream petrochemical supply chains, cost increases for vegetable oil derivatives and dramatically increased freight costs – due to the reduced availability of containers – are highlights of a myriad of destabilising factors.
The EuPIA notes that manufacturers are seeing an aggregation of factors, mostly triggered by the COVID-19 crisis, which are severely impacting the overall raw material supply chain.
Exacerbation of the current situation?
Raw materials and freight comprise the majority of the overall cost to produce printing inks. According to the EuPIA, it is therefore inevitable that these higher material costs coupled to limited availability will have a major impact on the efficiency and resilience of producing companies. Exponentially higher freight costs are expected to further exacerbate the current situation.
The European Coatings price ticker offers up-to-date information on costs for important raw materials for the paints and coatings industry.
European Coatings Handbook
"Comprehensive", "based on practice" and "up to date" sum up the aims of the European Coatings Handbook compiled by the faculty team at the University of Applied Sciences of Krefeld, one of the leading training establishments for coatings industry in Germany. The second edition of the handbook covers the entire spectrum of coatings formulation in a single volume and acts as a vehicle for acquiring and deepening a sound knowledge of all the important principles of coatings production. The handbook's topicality in all aspects of coatings composition, application methodology, quality assurance, environment and industrial health and safety is highly useful -not only to those in training but also to established professionals who wish to update their knowledge thoroughly.
You are currently not logged in
To leave a comment, please log in.
There was an error while sending your comment. Please try again.
Your comment was too long. There are a maximum of 2048 symbols allowed!