Soaring input costs, particularly relevant to aluminum, energy, and packaging materials, in combination with sharply rising freight rates due to global logistic constraints, make price increases unavoidable. Prices of offset plates will therefore increase between 5 and 10%, taking effect April 1 2021.
Despite internal cost reductions, the magnitude of rising prices is no longer sustainable. The price increase applied to customers will be partly offset, as printers will benefit from higher aluminum prices when they recycle their used plates. Agfa’s customers highly value its continuous investment in advanced prepress technology and related services — such as the ECO³ framework which stands for Economy, Ecology, and Extra Convenience — which leads to substantial economic benefits in their print shop.
The Agfa sales teams will be in contact with their customers to discuss the detail and support the implementation, taking into account individual existing agreements.