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Higher raw material prices, led by crude oil, continue to impact resin manufacturers, but the surge in new product development is helping to drive sales growth.
May 8, 2008
By: DAVID SAVASTANO
As has been the case throughout the ink industry supply chain, the rising price of crude oil has had a Photo courtesy of Flint Group. direct impact on resin manufacturers. At press time, crude oil had reached $119 a barrel, nearly twice that of early 2007, and that has led to higher costs for important feedstocks, in addition to manufacturing and transportation costs. For resin suppliers, the last year has brought mixed results, as they have had to contend with highe...
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