Due to “a massive shortage in silicones and silicone-based materials from manufacturers,” Sun Chemical (Parsippany, NJ) will increase prices by 35% on its entire silicone-based product line in North America, effective January 15, 2018. “Because of the silicone shortage we’re seeing in the industry, our suppliers have passed on price increases beyond anything we’ve seen in recent years,” said Dennis Sweet, Vice President of Commercial, Rycoline and Distributors, North American Inks at Sun Chemical. “While Sun Chemical has utilized all its resources to offset these shortages and increases, it has now become necessary to pass some of these increases on.”
Sun Chemical, a member of the DIC group, is a leading producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials. Together with DIC, Sun Chemical has annual sales of more than $7.5 billion and over 20,000 employees supporting customers around the world. Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A. in the Netherlands.
Sun Chemical to increase prices of silicone-based products in North America by 35%
