Agfa announces that it will increase its offset plate prices worldwide, effective July 1.
Since Q2 last year, the company says it has been implementing quarterly price increases and surcharges to compensate for the significant cost increases it has been facing in raw materials, logistics, energy, packaging material, and labor.
According to the company, the combination of ongoing efficiency programs and quarterly price increases has allowed it to compensate for the highest inflationary pressure it has faced in decades.
Despite these efforts, it says that a continued and reliable supply of offset plates is not sustainable without further actions. Therefore, a double-digit increase in the base prices of its offset plates will apply to all orders starting from July 1.
“We continue to be confronted not only with historically high costs in raw materials, logistics, and energy but also with a very unpredictable supply of some of our key raw materials,” states Frederik Dehing, VP of sales, offset solutions, Agfa.
Dehing continues, “In order to run a sustainable business, allowing us to guarantee supply, continue to bring innovative products and quality service to our customers, we have no other choice but to increase the base prices of our offset plates.”
In addition, Agfa says it is adding new tools to its ECO³ palette of software solutions to support its customers in recovering part of the industry-wide cost increases. It says this will allow its customers to reduce ink consumption and reduce paper waste.