Flint Group has announced it will place a surcharge on all Commercial Publication Web Division products from March 1, 2022 as raw material availability and rising energy prices continue to hit the business.

Tony Lord, President, Flint Group Commercial Publication Web Division said the company has ensured the integrity of its supply chain despite the difficulties presented by both the pandemic and disruption in the availability of raw materials and energy to meet customer demands but is facing “unparalleled” pricing.

“This has, however, been at previously unparalleled price levels across our entire portfolio of raw materials and manufacturing locations,” Lord said.

“Regrettably the hoped for stabilisation in both raw material availability and pricing has failed to materialise so far in 2022 with products remaining scarce and their pricing continuing to escalate accordingly.

“This, coupled with the exponential increase in energy tariffs, has created a situation where current selling price levels for our products are simply not sustainable. To respond to this sudden rise in costs we feel the sensible approach is to avoid a general price increase and apply a monthly surcharge whilst awaiting further market developments.

“To this end, effective for deliveries from March 1st 2022, surcharges to recover these recent cost increases will be applied across our entire publication ink portfolio so that we can maintain supply to our customers”.

Lord said it is with deep regret the surcharge is being added.

“It is of course a matter of deep regret this surcharge is needed and we understand the difficult printing markets that currently prevail and can assure all of our valued customers that as the situation normalises, we will seek to reflect this
development by reducing or eliminating the surcharge applied,” he said.

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