Kodak's Graphic Communications Group (GCG) has announced that it will increase the price of prepress consumables for the Greater Asia Region (GAR) effective with the close of business on December 30, 2005.
The price increase will be in the range of 5 to 10% depending on the detailed market and cost structure, which vary by regions and products. Affected products include conventional plates, digital plates, camera films and recording films.
"For months Kodak has been absorbing an unrelenting increase in the costs of raw materials and energy coupled with a steady rise in worldwide demand. In addition, the cost of our ancillary components (labor, packaging and transportation) is tied to the escalating costs of energy, affecting the Kodak products," said Garron Helman, managing director, for Kodak GCG's GAR.
"Over the past two years, the price of aluminum has steadily increased. Furthermore, with the growing worldwide demand for aluminum, we expect this trend of rising cost to continue. Consequently, the combination of increased raw material costs, tightening aluminum supplies, and rising energy costs, has led us to the necessary step of raising our prices, and we believe our customers will understand."
Kodak is committed to working with customers to help them grow their businesses. Kodak continues to work as a strategic partner for customers and provides innovative solutions that save time, increase efficiency, streamline workflow and help them master new digital technology that pave the way for continued success.
Details of the new pricing structures will be communicated locally in each country of GAR. For questions and inquires, please contact the local sales representative.