INX preparing for immediate price increases

Due to the uncertainty and magnitude of the current situation taking place in the Middle East, INX International Ink Co. is alerting customers to the strong likelihood of price increases across all product lines.

As a global manufacturer of inks and coatings, INX is utilizing its supplier resource network to best serve its customers. The supply chain team is working diligently with their network to mitigate price increases and secure the supply of critical raw materials.

INX representatives will be contacting customers directly to discuss price increase specifics and the impact on each product portfolio. Customers will be kept updated and they should contact their sales representatives directly with any questions.

The company says, “However, the uncertainty of these evolving events have led to a series of increases impacting our ability to maintain costs. We are experiencing sharply higher costs for raw materials, energy, logistics, insurance, and transportation, as well as extended lead times due to disruptions in the supply chain in nearly every market region.”