Hubergroup Adjusts Prices in Europe Amid Ongoing Developments in the Middle East

Hubergroup, one of the world’s leading specialists in printing inks, coatings, and chemicals, has announced price adjustments across its global product portfolio. The move comes in response to ongoing disruptions in supply chains and volatility in energy markets linked to recent developments in the Middle East.

The current global situation has resulted in significant volatility in oil and gas markets, which are closely linked to many essential raw materials used in ink and coating production. Key components such as resins, solvents, pigments, and additives have seen notable cost increases due to tighter supply conditions, higher freight rates, and reduced production capacities across the chemical industry.

“hubergroup has worked intensively to mitigate the impact of these disruptions through long term supplier partnerships, internal efficiency programs, and strategic inventory management,” said Premal Desai, CEO, hubergroup. “However, the scale and persistence of the current cost pressures make price adjustments unavoidable. These measures are essential to ensure continuity of supply and to maintain the high quality and reliability our customers expect.”

The price adjustments will vary depending on the product category and raw material composition. Customers will receive detailed information directly from their hubergroup representatives. The revised pricing will come into effect immediately.

Hubergroup remains committed to maintaining transparency and working closely with its partners across the printing and packaging value chain. The company continues to closely monitor global developments and will adjust its measures as market conditions evolve.

Source: Hubergroup