Hubergroup raises prices amid supply chain pressures

German ink and chemicals manufacturer Hubergroup has rolled out immediate price increases across its global portfolio, citing ongoing disruption in supply chains and energy markets linked to tensions in the Middle East.

The company says volatility in oil and gas markets has intensified in recent weeks, affecting the availability and pricing of key petrochemical-based inputs used in ink and coating production. Raw materials such as resins, solvents, pigments and additives have seen sharp cost increases, driven by supply constraints, higher freight rates and reduced production capacity across the chemical sector.

Chief executive Premal Desai says the company has taken steps to absorb the impact through supplier partnerships, efficiency programmes and inventory planning. “Hubergroup has worked intensively to mitigate the impact of these disruptions through long-term supplier partnerships, internal efficiency programs, and strategic inventory management,” he says. “However, the scale and persistence of the current cost pressures make price adjustments unavoidable.”

The company indicates that the extent of the increase will vary depending on product category and raw material composition, with customers being informed directly by regional representatives.

Hubergroup adds that it will continue to engage closely with partners across the print and packaging value chain, while monitoring global developments and adjusting its approach as market conditions evolve.

With a workforce of over 3,000 across nearly 30 countries, Hubergroup reported revenues of approximately EUR 743-mn in 2024. Its print solutions division supplies inks, coatings and auxiliaries for packaging, commercial and newspaper applications, while its chemicals division manufactures speciality materials including resins and pigments, with a notable production footprint in India.

(Source: PrintWeek.com)