Sun Chemical announces price hike for silicone-based products in NA

Due to continued shortages and ongoing cost pressure in silicone and silicone-based materials, Sun Chemical will increase prices by 30% on its entire silicone-based product line in North America, effective May 1, 2018.

“The ongoing silicone shortage has caused our suppliers to continue increasing prices beyond anything we have seen in recent years,” said Dennis Sweet, Vice President-Commercial, Rycoline and Distributors, North American Inks, Sun Chemical. “While Sun Chemical has utilized all its resources to offset these shortages and increases, we need to pass some of these increases on.”