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Siegwerk announces price increase

Siegwerk is announcing price increases of 3.5% for all packaging inks and coatings sold throughout the NAFTA region effective January 1, 2007.

This increase comes in response to the continuing raw material increases experienced throughout all aspects of the ink industry including resins, solvents, pigments, additives, and other related key ingredients. Siegwerk has worked diligently to consolidate its manufacturing processes, transportation lanes, and product lines, as well as reduce its operating expenses; however, raw material increases continue to out pace Siegwerk’s ability to mitigate the effects on its customers.
Further notification will follow to customers on an individual basis.

About Siegwerk
With 4,000 employees in 36 countries and annual sales of Euro 830 million, Siegwerk is a world-leading independent ink manufacturer. Established in 1830 and headquartered in Europe, the company is one of the oldest family-owned businesses. Countless inventions and patents demonstrate the company's leadership in innovation. Siegwerk is a global market leader in packaging ink and publication gravure ink. In web offset the company is one of Europe's fastest-growing players in the industry.
www.siegwerk.com

Media contact:
Becky Cornelius
Phone: +001 515 / 471-2135
Fax: +001 515 / 471-2202
E-mail: becky.cornelius@siegwerk.com