The progressively worsening global situation caused by COVID-19 is placing untenable pressure on the supply chain and across a number of raw material categories, notably solvents.
As a result, Flint Group Europe confirms the implementation of a surcharge for its solvent-based inks & coatings in Europe, effective April 1st, 2020. The surcharge will vary depending on the product & terms each customer has in place; and will remain active until the current raw material volatility subsides. Additionally, freight constraints are further impacting costs across all transportation modes.
Witnessing increasing rates of absenteeism / sickness at all sites, Flint has had to standardize production lines; in some cases, customers may need to accept alternative products to ensure the continuity of supply. Flint’s local sales representatives will be in contact with customers to discuss this surcharge and how it will impact each business.
Flint Group Packaging Inks Europe announces a solvent surcharge across all solvent-based inks and coatings. | RISI Technology Channels
As a result, Flint Group Europe confirms the implementation of a surcharge for its solvent-based inks & coatings in Europe, effective April 1st, 2020. The surcharge will vary depending on the product & terms each customer has in place; and will remain active until the current raw material volatility subsides. Additionally, freight constraints are further impacting costs across all transportation modes.
Witnessing increasing rates of absenteeism / sickness at all sites, Flint has had to standardize production lines; in some cases, customers may need to accept alternative products to ensure the continuity of supply. Flint’s local sales representatives will be in contact with customers to discuss this surcharge and how it will impact each business.
Flint Group Packaging Inks Europe announces a solvent surcharge across all solvent-based inks and coatings. | RISI Technology Channels