XSYS is increasing the prices of its Nyloflex flexographic printing plates by six to nine per cent from February 1, 2023 .
The industry is facing a perfect storm with record inflation and continuous supply chain constraints.
“During these exceptional times, it has been our priority to stick to our commitments: Deliver the highest quality products to our customers in time and in full,” said Friedrich von Rechteren, global commercial VP at XSYS. “At the same time, our operations and procurement teams have turned around every stone to offset the input cost increases without jeopardizing our quality and service levels. Due to the success of these initiatives, the announced price increase reflects just a fraction of the input cost increases we are facing.”
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