Raw Material Price Increases Continue to Batter Ink Industry

For the past three years, the price of crude oil has been a tremendous headache for the ink industry and its suppliers. Back in 2003, $35 per barrel of crude oil seemed like a nightmare scenario. Since then, oil has steadily risen in price, topping $70 per barrel today, and there is no reason to believe that demand will taper off and the price will come down.      With the higher price of crude oil comes much higher costs for feedstocks, the key building blocks for many of the major ingredients ...