INAC International Ink Company Announces Comprehensive Price Increases

Recently, INX International Ink Co., the No. 3 ink company in the United States, announced that due to the continuous and substantial increase in raw materials, energy, and transportation costs, the company decided to start from September 1, 2008. The price of ink products has been fully raised since the beginning of the year, with price increases ranging from 10% to 12%. This move is made in the footsteps of several other major ink manufacturers. In recent weeks, major ink manufacturers in North America have announced price increases.

According to Rick Clendenning, president and CEO of Inak International Ink, “The continuous and substantial increase in multi-faceted costs has challenged our ability to absorb these costs... We will continue to develop our recyclable products. At the same time, we will continue to optimize our supply chain.We plan to strengthen our own energy supply management and strengthen the development of our sustainable development projects in order to minimize the impact of price increase factors on our customers. The purpose of these efforts is to meet the needs of our customers for inks and coatings products, and at the same time to ensure that they provide customers with the excellent product quality and service support they expect."

INAC International Ink is the third largest ink manufacturer in North America, with more than 20 manufacturing facilities in the United States and Canada. At the same time, it is a subsidiary of Sakata INX and an important supplier to the international market.