Welcome Guest to Coatings World    Login || Register
Last Updated Friday, October 9 2015

Violet 23 Drives Price Increase for Sun Chemical

Published November 15, 2010
Sun Chemical is announcing an immediate 25 percent price increase for all its products containing the raw material pigment Violet 23. The increase is due to cost of the pigment going up by 70 percent in the past 12 months with further increases expected, according to the company. Supply of Violet 23 started to become an issue at the end of 2009 when availability of Carbazole, the key material from which Violet 23 is produced, started to reduce in China and India. Carbazole is only used in the pigment industry, but coal tar, from which Carbazole is produced, is used widely in other industries thus limiting the amount available to manufacture Carbazole. The knock on effect being that the pigment industry has minimal control over the cost and supply of Carbazole, the company said.

"With raw material shortages currently a common theme throughout the industry, Sun Chemical is working hard to offset the impact of cost increases, but it has now become essential to implement a price increase for all products containing Violet 23," said Felipe Mellado, chief marketing officer of Sun Chemical. "The majority of ink products affected are in the liquid inks market, but significant volumes are also used in conventional sheetfed and UV inks. We are doing all we can to work with leading pigment suppliers to manage this situation to lessen the impact to our customers."

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
Follow Coatings World On