Sun Chemical and DIC to Globally Implement Energy Surcharges on Color Materials Portfolio
PARSIPPANY, NJ – Sun Chemical and its parent company, the DIC Corp., announced they are amending their existing transportation surcharge. In addition, and in order to reflect cost dynamics in the global energy market, an energy surcharge on the entire Color Materials portfolio will become effective from April 1, 2022.
The companies report that as the unprecedented pace of inflationary cost movements continues to impact the entire spectrum of raw material and packaging components for the color materials industry, without sign of stabilization in sight, the industry is also being hit by abrupt rises of energy costs, including electricity, gas and diesel, drastically impacting manufacturing costs and freights costs.