Sun Chemical to Hike Prices for Its Global Pigments Portfolio
December 3, 2024
Sun Chemical will increase prices for parts of its pigment portfolio, effective January 1, 2025.
Due to the rising costs of raw materials and production driven by inflation, along with ongoing efforts to comply with sustainability regulations, production expenses 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."