Flint Group VP Weighs in on Raw Material Costs in 2012
LUXEMBOURG - Jan Paul van der Velde, Senior Vice President of Procurement, Flint Group, has provided industry insight into expected raw material cost developments in 2012.
“There is a misplaced view that raw material costs for the graphic art industry are coming down,” said Jan Paul van der Velde, SVP Procurement of Flint Group. “After more than 1.5 years of costs constantly increasing, people have clearly been looking for good news, and the fact that we witnessed prices generally stabilize in Q4 2011 caused a sense that things were actually improving. The fact that people were hearing on an almost daily basis about the economic crisis prompted them to also assume that these difficult times would contribute to raw material costs going down.”