0580 Priceincrease UK

Flint Group announces further Price Increases for Web-Offset Inks in the UK

Flint Group has announced a 15% price increase for Web-Offset Inks with immediate effect, latest by 1st January 2009.

'Whilst the price of oil has fallen in recent weeks the cost of other raw materials such as pigments, intermediates, resins and other key additives continue to rise due to the unprecedented strengthening of both the Euro and US-Dollar against the British Pound' said Wolfgang Blumschein, Vice President & General Manager Flint Group Publication Europe.

'The majority of our raw materials are sourced outside the UK and have impacted heavily on our margins. In order to continue to provide our customers with high quality products and service we have no alternative but to pass these increases on. We appreciate our customers' loyalty and understanding of this situation.'

19 December 2008

For more information, contact:

Flint Group
Kathrin Schmitt
T +49 69 7802 364
F +49 69 7802 77 364