INX International Ink announces price increase

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INX International Ink has announced a price increase effective 1 September 2010. Ongoing raw material supply shortages are continuing to have a serious effect on printing ink production. Company President Rick Clendenning states the economic downturn in 2008 caused many of the printing ink industry’s raw material suppliers to reduce operating capacity. Several suppliers permanently shut down manufacturing plants. Over the past 12 months, demands have increased and raw material suppliers are still not positioned to adequately supply and service this increase in demands. ...cont´d

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