XSYS has announced an upcoming increase in prices across its nyloflex product range.
Effective from 1 February 2023, the company will implement a price increase ranging from 6% to 9% on nyloflex flexographic printing plates.
Friedrich von Rechteren, global commercial vice president at XSYS, said, ‘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. We are proud to be one of the most reliable suppliers in the market. 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.’
According to the company, the prices of essential raw materials like rubber, photopolymers, and films used in the production of plates have increased by more than 20% since the beginning of 2021. In addition, transportation and energy costs are up by double-digit percentage points.
Mr von Rechteren added, ‘As a response to the structural cost increases, we continue our investments in the research of next-generation flexographic plates and equipment for our customers. These developments will help our customers to improve their operations and be successful in their markets. Our customers are at the centre of everything we do at XSYS.’
