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The recession and raw material volatility has impacted manufacturers of vehicles and varnishes, but there are signs that the market is improving.
July 19, 2010
By: DAVID SAVASTANO
For vehicle and varnish manufacturers, the past year has been a challenging one, as the global recession took its toll on the printing and ink industries. Add to that volatility of the cost and supply of essential raw materials such as Chinese tung oil and rosin, and it is easy to see why the past year is one that vehicle and varnish suppliers would like to forget. Still, there were some positive signsas the economy showed some improvement, but there remains much concern over raw materials and...
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