Sun Chemical to implement Energy Surcharges on Inks, Coatings, Consumables, and Adhesives in EMEA
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 1, 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.