According to a press release from the British Coatings Federation (BCF), the lack of availability of key raw materials and packaging as well as significant price increases are causing significant disruption to the coatings and printing ink industries in the UK and across Europe.
Beckers Group announced that the company will increase prices for its main coil and industrial coatings product groups by up to 8% globally due to the significant rise in the cost of raw materials.
SONGWON Industrial Co. Ltd. announced that prices for all its polymer stabilizers products will be raised by up to 10%, depending on the product line and region.