Brief: Agfa Gevaert To Raise The Price Of Offset Printing Plates, Chemicals

Agfa Gevaert NV

15/10/2021 11:19

Oct 15 (Reuters) - AGFA Gevaert NV  AGFB.BR :
    * WILL INCREASE PRICE OF ITS OFFSET PRINTING PLATES AND
CHEMICALS
    * IN ADDITION TO RAW MATERIAL COST PRESSURE, LOGISTICS AND
OPERATIONAL COSTS HAVE SOARED, AS ECONOMIC RECOVERY DRIVES
DEMAND FOR THESE
    * THE SPECIFIC - BUT DOUBLE-DIGIT – PRICE INCREASES WILL
APPLY
FROM NOVEMBER 1 ONWARDS AND WILL BE COMMUNICATED DIRECTLY TO
AGFA’S CUSTOMERS
    * GLOBAL SUPPLIES OF CRUCIAL RAW MATERIALS HAVE NOT SHOWN
ANY
SIGNS OF STABILIZATION THEY ARE LIKELY TO STAY AT THESE LEVELS
IN 2022
    * USED ALUMINUM OFFSET PLATES ARE BEING RECYCLED, PRICE
INCREASES
WILL TO A LARGE EXTENT BE COMPENSATED FOR BY INCREASED VALUE
PRINTERS WILL GET FROM THEIR SCRAP ALUMINUM

Source text : [https://bit.ly/3pcXQjE]
Further company coverage:  AGFB.BR 

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