DuPont Packaging Graphics Announces a Price Increase for DuPont™ Cyrel® Products in Europe, Middle East and Africa
DuPont Packaging Graphics has announced a price increase in Europe, Middle East and Africa, effective April 1, 2008.
The increases up to 6% - depending on the product - will be implemented across the entire range of DuPont™ Cyrel® products effective April 1, 2008. The announcement goes along with similar announcements in other regions around the world.
“Cost improvement programs allowed us to delay this action for as long as we could,” stated Bjoern Meth, Business Director for DuPont Imaging Technologies Europe MEA. “Photopolymer plate cost is highly dependent on oil based feed stocks. Over the last five years DuPont Packaging Graphics has aggressively pursued productivity and cost improvement plans to offset the nearly continuous increases in the cost of petroleum-based raw materials and energy costs of manufacturing, warehousing and distribution. We will keep on working to offset cost increases, but we’re now at a point where we have no choice but to adjust the prices of our products if we are to maintain a healthy business.”
Meth pointed out that DuPont is continuing its focus and commitment to innovation in flexography. “We will launch four new Cyrel® plates in 2008 – two for use in conventional solvent processes and two Cyrel® FAST – and introduce several major new system offerings at this year’s DRUPA,” said Meth. “Despite the rising costs, we continued to invest in innovation to ensure that our customers can maintain their competitive advantage in a challenging global marketplace.”
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About DuPont
DuPont (http://www.dupont.com) is a science company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.
About Packaging Graphics
DuPont Packaging Graphics is a leading supplier of Cyrel® flexographic printing plates to the packaging industry in analog and digital formats, and currently offers a most widely known dry flexo platemaking system for use in an all-digital workflow, Cyrel® FAST.
DuPont Packaging Graphics operates R&D and manufacturing facilities in North America and Europe. Customer Technology Centers are located in Europe, Asia, North and South America to provide excellent technical support to the Packaging Graphics industry with DuPont™ Cyrel® solutions.
For additional information on DuPont and DuPont Packaging Graphics products and services, please call +49 (0)6102 18-4400, email: Jean-Pierre.Richard@deu.dupont.com or visit the web sites at http://www.cyrel.eu