Miraclon, home of Kodak Flexcel Solutions, has announced a global price increase of five per cent on all consumables, effective 1 November.

The company said the “unprecedented inflation” of the costs of raw material, utilities and labour, finance charges and business services felt by the industry globally have necessitated the increase to alleviate these rapidly increasing costs that it has also experienced. 

“Securing supply for our customers and continuing development of innovative technology that can help them meet the demands of their clients while countering price pressures remain our top priorities,” Miraclon CEO Chris Payne said.

“Unfortunately, price increases to alleviate rapidly increasing procurement and energy costs are becoming a routine part of business for most companies, with no sign of relief in the foreseeable future. 

“We are doing everything we can to drive internal efficiencies that mitigate the effects on our customers and are working with them to help pass these unavoidable increases on through the value chain.”

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