Sun Chemical and DIC Corporation will raise prices for their color materials portfolio

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Sun Chemical and DIC Corporation will raise prices for parts of its color materials portfolio, effective July 1 or as contracts permit, company officials said Wednesday. The rise in prices affects all market segments.

With no signs of easing, rising costs for key raw materials and packaging components, as well as inflationary pressure on manufacturing operations persist. Energy and logistics costs remain at historically high levels, and uncertainties from the Russia-Ukraine crisis and Covid-19 related lockdowns in China are negatively affecting global value and supply chains. Ongoing escalations are forcing the company to raise prices for several product lines in its portfolio of pigments, colorants and preparations. The price increases are in addition to those previously announced, including energy and transportation surcharges.

“Sun Chemical values ​​the relationship we have with our business partners and we work tirelessly to control our cost drivers and deliver maximum value to our customers,” said Stefan Sütterlin, president of Sun Chemical Color Materials. “We regret having to take this action, but current market conditions require us to further adjust our prices to continue our operations. Please understand that due to the unpredictable dynamics of the current market environment, we cannot guarantee long-term price stability at We are monitoring this situation and will make adjustments accordingly.

Sun Chemical will communicate specific increases directly to its customers. Customers with questions can contact their local Sun Chemical sales representative.

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