According to Flint printing plates and solvents are highly dependent on
oil based raw materials and energy which have increased significantly in price
during the last period. As a result of the experienced constant increases in
cost of production, prices will be raised globally.
Dr Thomas Telser, president of the Flint
Group Flexographic Products Division says, "Over the last years cost of raw
materials and energy have continuously increased. During this period we have
managed to absorb these increases by improving our manufacturing processes and
at the same time reducing scrap and eliminating non-value generating downtimes.
However, due to the consistent and unrelenting ongoing cost increases for our
materials and services, driven by the current economic realities, we have
reached a point where we are no longer able to offset the increased cost and
need to adjust our pricing."
Despite the difficult
economic conditions, Flint Group Flexographic Products continues to invest in
new products and more efficient processing technologies. So the good news is
that a new nyloflex ITR Product Line and the
advanced version of the nyloflex infinity
technology will be presented at the upcoming drupa exhibition.
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