Sun Chemical to Increase N.A. Prices for Silicone-Based Products
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Due to continued shortages and ongoing cost pressure in silicone and silicone-based materials, Sun Chemical will increase prices by 30% on its entire silicone-based product line in North America, effective May 1, 2018
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"The ongoing silicone shortage has caused our suppliers to continue increasing prices beyond anything we have seen in recent years," said Dennis Sweet, VP-Commercial, Rycoline and Distributors, North American Inks, Sun Chemical. "While Sun Chemical has utilized all of its resources to offset these shortages and increases, we need to pass some of these increases on."
Sun Chemical, a member of the DIC group, is a producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials. Together with DIC, Sun Chemical has annual sales of more than $7.5 billion and 20,000-plus employees supporting customers around the world.
Sun Chemical Corp. is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands. For more information, visit the company’s web site.
