LAMPADURA, India — Flint Group Packaging Inks in India has initiated a price increase with immediate effect.
The company pointed to recent events in the Middle East triggered an increase in oil prices, which creates a cascading effect on the price of solvent raw materials used in the manufacture of inks and coatings. The increase will apply to all orders as long as oil prices remain well above reasonable and standard levels. When and if prices begin to drop, Flint Group will reconsider the price increase and adjust as needed.