Sun Chemical announced that it will increase prices for parts of its pigment portfolio, effective January 1, 2025. The company stated that because of the rising costs of raw materials and production, driven by inflation along with ongoing efforts to comply with sustainability regulations, expense related to production have significantly risen and necessitated the price increase.
"While this price adjustment is essential to continue delivering innovative and reliable products in a challenging economic environment, Sun Chemical understands the impact of these changes on our customers," said Brian Panczyk, president of Color Materials, Sun Chemical. "We will monitor these changing industry costs and work to limit further increases while continuing to maintain the highest quality and service standards for our customers."
Sun Chemical stated that it will communicate specific increases directly with its customers. Customers with questions can reach out to their local Sun Chemical sales representative.
Learn more about Sun Chemical at www.sunchemical.com.