Sun Chemical to Increase Prices and Surcharges on Inks, Coatings, Consumables, and Adhesives in EMEA
Price Increase Addresses Unprecedented Inflation of Utilities/Energy and Labour Costs
SOUTH NORMANTON, UK – WEBWIRE – Wednesday, October 5, 2022
Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed, and screen inks, coatings, consumables, and adhesives in Europe, Middle East and Africa, effective immediately.
The current geopolitical situation in Europe continues to upset the unprecedented inflationary trends further, with severe impact onto operating costsincluding utilities and labour coststhrough the entire supply chain. Sun Chemical continues to strive to find ways of mitigating these costs, but the magnitude and speed of cost increases requires the company to further increase prices.
Sun Chemicals priority has been to keep supplying our customers, allowing them to keep their facilities operating, said Mehran Yazdani, President, Global Packaging and Advanced Materials. Sun Chemicals global reach has helped secure the sourcing of raw materials and maintain production, however, the costs to secure those materials, manufacture our products, and deliver them to our customers have continued escalating to a level that requires us to raise further prices and surcharges effective immediately for all products. This will ensure we can continue a steady flow of our quality products to customers. Without signs of stabilisation so far, the situation will need to be adjusted as it goes, and no price guarantee can therefore be given for any period.
To learn more about Sun Chemicals sustainable solutions visit www.sunchemical.com/sustainability.
About Sun Chemical
Sun Chemical, a member of the DIC Group, is a leading producer of packaging and graphic solutions, color and display technologies, functional products, electronic materials, and products for the automotive and healthcare industries. Together with DIC, Sun Chemical is continuously working to promote and develop sustainable solutions to exceed customer expectations and better the world around us. With combined annual sales of more than $8.5 billion and 22,000+ employees worldwide, the DIC Group companies support a diverse collection of global customers.
Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.A. For more information, please visit our website at www.sunchemical.com
WEBWIRE – Monday, August 15, 2022 Using the theme Power of Labels, Sun Chemical will showcase and present its complete portfolio of solutions for the packaging and narrow web, tag and label markets to converters across North and South America during Labelexpo Americas 2022 from September 13-15 in Rosemont, Ill.
Our commitment to sustainability continues to be a fundamental part of our innovation and product development at Sun Chemical, said Dennis Sweet, Vice President NWTL, Commercial, Rycoline and Distributors. Were excited to be back at Labelexpo Americas 2022 to highlight our sustainable product offerings and provide an opportunity to reconnect with the narrow web industry.
Extensive Sustainability Solutions on Display at Sun Chemicals Booth
Using its 5Rs framework (Reuse, Reduce, Renew, Recycle and Redesign) as a guide, Sun Chemical invests significantly in R&D to improve the eco-efficiency and sustainability of the packaging that utilizes its inks, coatings and adhesives to support a circular economy.
Visitors of booth #749 will learn about the many bio-renewable, compostable and recyclable products under Sun Chemicals SunEco portfolio of solutions. Some of these include:
SolarFlex CRCL for Shrink & Non-Shrink Applications: The SolarFlex CRCL ink range was developed for UV flexo applications and allows the removal of ink from PET film without a primer, increasing the recyclability of products that use shrink labels. These inks also feature strong dot reproduction and high press speeds to ensure quality, in addition to meeting the industrys increasing sustainability requirements.
SolarFlex High Adhesion Technology: The SolarFlex UV flexo ink series is designed to provide the high adhesion needed without the use of a primer for the most challenging substrates.
SunCure Mono-web Coatings: SunCure UV Flexo coatings eliminate the lamination process, ultimately saving adhesive, film and processing, while also reducing carbon footprint.
SunVisto AquaGreen Renewable Ink Series: SunVisto AquaGreen water-based inks are formulated with the highest level of bio-renewable resin content the industry has to offer, providing a high-quality finish brand owners should value.
MX12 Ink Dispensing Technology: The MX12 dispenser, an offering from the Sun Chemical Dispenser Program, allows printers to mix only what they need while also maintaining color-matching consistency with no color variations, gain repeatability and .001 lb. (.0005 kg) accuracy. This ink dispensing technology helps reduce waste, cost, and excess ink inventory.
SolarWave UV-LED Inks: Converters with energy curing systems can reduce energy consumption by converting from standard mercury-vapor lamps to UV LED alternatives. Sun Chemical has developed high quality UV-LED curable inks known as SolarWave, which enable environmental improvements within industrial processes, including lower energy consumption and minimized energy costs, longer lamp lifetimes, and no ozone generation. The inks maintain the full performance attributes of conventional UV flexo inks on-press and in-application. These inks will cure under conventional UV and LED lamps allowing a more seamless transition from traditional UV to LED.
Complementary Products Also on Display
Complementing its comprehensive product line-up, Sun Chemical will present its range of SunInspire specialty inks and coatings for label applications, which add an extra dimension and look and feel to label applications. Sun Chemicals SunEvo range of digital primers, overprint varnishes and lamination adhesives, along with a complementary range of SunJet inkjet inks, can help customers in labels, corrugated, folding carton and flexible packaging unleash the full power of digital printing.
SunColorBox offers a unique set of tools and services from site assessments and full color audits to matching and validating colors to hosting digital libraries of spot colors that enables consistent, accurate digital color communication and provides color data connectivity across the entire packaging supply chain. A menu of added-value services, SunColorBox offers every customer whether printing spot color, CMYK or extended color gamut a tool to manage colors with best efficiency to ensure color consistency across substrates and geographies. It also allows each customer to select the most suitable services based on the size of their business and the investment required. Download the SunColorBox Guide to learn more.
Sun Chemical will also demonstrate SunMotion, a compelling alternative to backlit signage and LCD displays. SunMotion provides brand owners with motion activated full color, moving illuminated imagery. Invisible inks are printed onto plastic substrates and multiple layers come alive when exposed to UV LED light.
Sun Chemical Speaker at Labelexpo Americas 2022 to Discuss Special Effect Inks and Coatings
Attendees will be able to hear from Mohammad S. Farahat, Ph.D., Director of R&D, Novel Device Technology at Sun Chemical, who will present a session on Wednesday, September 14 at 9:50 a.m. on special effect inks and coatings during the Label Academy Masterclass: Digital Embellishment, a five-hour global training class held during the show.
To learn more, visit Sun Chemical at Labelexpo Americas 2022 at booth #749 during Labelexpo Americas 2022 on September 13-15 in Rosemont, Ill or visit our Labelexpo Americas 2022 landing page.
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About Sun Chemical
Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.A. For more information, please visit our website at www.sunchemical.com
PARSIPPANY, N.J., USA – WEBWIRE – Friday, July 15, 2022 As of July 1, 2022, Sun Chemical has assumed responsibility for home and personal care colorants, which were previously distributed by BTC Europe GmbH.
As a part of this business transfer, all future sales, samples and literature will be managed by Sun Chemical. This includes the popular tradenames Puricolor®, Iragon® and Pigmosol®, which contain a variety of dyes, pigments and preparations.
We are excited to continue expanding our color portfolio and grow in the home and personal care market, said Bart Vanderbiest, Global Business Director of Cosmetics, Sun Chemical. We are committed to making the world a more colorful place and look forward to leveraging our rich expertise and diverse portfolio to better serve our new and existing customers.
Sun Chemicals new product portfolio includes a wide range of dynamic colors for a variety of applications. The Puricolor family contains colors for both the home and personal care markets, including a selection of colors compliant with the FDA, EU Cosmetic Directive and Japanese MHLW. The Iragon and Pigmosol product families serve the home care market and are compliant with the EU Detergent Directive.
Sun Chemical has dedicated resources around the globe to support the transition and onboarding of the new product families. For more information, visit www.sunchemical.com/ColorMaterials/Cosmetics.
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About Sun Chemical
Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.A. For more information, please visit our website at www.sunchemical.com
Showa Denko (SDK) (Tokyo: 4004) and Microwave Chemical Co., Ltd. (Microwave Chemical) have started joint development of a new microwave-based chemical recycling technology to directly transform used plastic into basic chemical feedstock. The two companies are implementing various steps to achieve carbon neutrality by 2050, and aim to commercialize the new technology soon. In the joint technology development, the two companies will use microwave heating, a kind of electric heating used also in a microwave oven. When an object is irradiated, microwave directly affects dielectric material, resulting in internal heating, selective heating and rapid rise in temperature. Compared with other heating methods, microwave heating is special in that it heats only the object. In the planned process, we will use microwave absorber (filler) to give energy in a focused way to used plastic, enabling efficient decomposition of used plastic into basic chemical feedstock. It will also reduce energy consumption for decomposition compared with conventional methods. (Chart 1) Taking advantage of such characteristics of microwave heating, we will aim to transform used plastic directly into basic chemical feedstock with low energy consumption and high efficiency. SDK has been engaged in chemical recycling operations since 2003 at its Kawasaki Plant, producing clean hydrogen and ammonia through thermal decomposition of used plastic. As a result, SDK has accumulated overall know-how concerning procurement of raw materials, decomposition, and manufacture of final product. (Chart 2) With its high-level technologies and deep expertise in process development, Microwave Chemical has the capability to scale up microwave technologies. In the area of chemical recycling, the company has established “PlaWave(TM),” a platform of microwave-based plastic decomposition technology, thereby dealing with various types of plastic. SDK and Microwave Chemical will work together to contribute toward achieving resource saving, resource circulation and a carbon-neutral society through this joint development. About Showa Denko K.K. Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/. For further information, contact: Microwave Chemical Co., Ltd.
PARSIPPANY, N.J., USA – WEBWIRE – Wednesday, June 1, 2022 Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed and screen inks, coatings, consumables and adhesives in North America, effective immediately or as contracts allow.
The inflationary environment in North America has continued to impact the ink industry. Global geopolitical events have caused sustained pressure on logistics availability and have increased the costs to unprecedented levels. The constrained accessibility to labor in the market has driven significant wage inflation while contributing to inefficiencies at manufacturing facilities.
Key raw materials continue to experience scarcity while steel shortages drive costs for steel drums and other packaging components to historic highs. Sun Chemical continues to seek mitigation strategies to these cost increases, however, the magnitude and speed of increases require further action to offset impacts to the business.
Our team continues to focus on ensuring a steady flow of our products to customers, said Chris Parrilli, President of North American Inks. Sun Chemicals global reach has helped secure the raw materials needed to maintain production, however, the costs to secure those materials, manufacture our products, and deliver them to our customers has reached a level that requires Sun Chemical to take this price action. Global events will continue to influence our strategies and actions as we evaluate every opportunity to mitigate these inflationary events and deliver on the expectations our customers have for reliable supply of our products to their facilities.
Sun Chemical will communicate specific increases directly with its customers. Customers with questions can reach out to their local Sun Chemical sales representative.
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About Sun Chemical
Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.A. For more information, please visit our website at www.sunchemical.com
Sun Chemical Returns to Labelexpo Americas 2022
Sun Chemical, a member of the DIC Group, is a leading producer of packaging and graphic solutions, color and display technologies, functional products, electronic materials, and products for the automotive and healthcare industries. Together with DIC, Sun Chemical is continuously working to promote and develop sustainable solutions to exceed customer expectations and better the world around us. With combined annual sales of more than $8.5 billion and 22,000+ employees worldwide, the DIC Group companies support a diverse collection of global customers.
Sun Chemical Brings Distribution Business In-house
Sun Chemical, a member of the DIC Group, is a leading producer of packaging and graphic solutions, color and display technologies, functional products, electronic materials, and products for the automotive and healthcare industries. Together with DIC, Sun Chemical is continuously working to promote and develop sustainable solutions to exceed customer expectations and better the world around us. With combined annual sales of more than $8.5 billion and 22,000+ employees worldwide, the DIC Group companies support a diverse collection of global customers.
SDK and Microwave Chemical Start Joint Development of New Microwave-based Chemical Recycling Technology to Directly Transform Used Plastic into Basic Chemical Feedstock
SDK and Microwave Chemical will aim to develop a technology that decomposes used plastic containers and packaging by irradiating microwave, thereby producing basic chemical feedstock such as ethylene and propylene. By the end of this year, the two companies will study conditions for formation of product through microwave heating, search for catalysts to improve the yield of targeted components, and try to optimize conditions and processes for decomposition to establish basic technology.
Showa Denko K.K.
Public Relations Group, Brand Communication Department
Phone: 81-3-5470-3235
Public Relations (Okunaka)
Phone: 81-6-6170-7595
Email: pr@mwcc.jp
Topic: Press release summary
Sun Chemical to Increase Prices on Inks, Coatings, Consumables and Adhesives in North America
Sun Chemical, a member of the DIC Group, is a leading producer of packaging and graphic solutions, color and display technologies, functional products, electronic materials, and products for the automotive and healthcare industries. Together with DIC, Sun Chemical is continuously working to promote and develop sustainable solutions to exceed customer expectations and better the world around us. With combined annual sales of more than $8.5 billion and 22,000+ employees worldwide, the DIC Group companies support a diverse collection of global customers.
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