Flint Group to increase packaging prices

Richard Stuart-Turner
Wednesday, February 9, 2022

Flint Group Packaging is set to increase the prices of all the packaging products sold by its Flexible Packaging, Paper and Board, and Narrow Web business units.

The company is seeing tightening supply and exponential cost increases
The company is seeing tightening supply and exponential cost increases

The group said it has continued to weather unprecedented raw material, packaging, energy, and freight cost increases and that escalating costs continue to be seen across all of these categories with no sign of relief in the foreseeable future.

Flint Group Packaging chief commercial officer Doug Aldred said: “The security of supply is our number one priority. Due to our extensive global network and efficiency programmes, we are able to mitigate a significant portion of cost and supply risk.

“However, we continue to witness tightening supply and exponential cost increases. Despite implementing an extensive range of efficiency programs to mitigate these conditions, we are reluctantly compelled to raise prices.”

While no specifics were outlined, the company said it “will seek a price increase and an increase in temporary surcharges” during Q1, or as contracts allow. It added local sales representatives will contact customers soon to discuss the effect of these adjustments.

In late January, Flint Group said its Offset Packaging Solutions (OPS) and Commercial Publication Web (CPW) divisions also announced further price increases.

Printweek welcomes informed debate, but all comments must comply with our house rules which can be read here: A-Z of using the Printweek forums


© MA Business Limited 2023. Published by MA Business Limited, St Jude's Church, Dulwich Road, London, SE24 0PB, a company registered in England and Wales no. 06779864. MA Business is part of the Mark Allen Group .