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In recent years, stable pigment prices have helped ink manufacturers weather surging crude oil prices. The elimination of the VAT refunds on pigments in China is changing all of that.
September 11, 2007
By: DAVID SAVASTANO
Pigments are the most expensive ingredient in a printing ink. In recent years, prices have been Photo courtesy of Ink Systems. relatively stable compared to petroleum-based products, as ink manufacturers sought to find alternate, less expensive pigment sources to try to offset higher costs. In many cases, that meant importing pigments from Chinese companies, which in addition to having lower production costs, also received up to 13 percent VAT refunds on exports from the...
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