Miraclon announces global price increase and surcharges; takes necessary actions to secure continuity of supply for customers

Taking the first price action since the launch of the KODAK FLEXCEL NX System in 2008, Miraclon has announced a price increase of 6% on all products, effective from February 7th, 2022, and the introduction of temporary freight surcharges. Placing the highest priority on maintaining uninterrupted supply of flexographic plate material to customers, and faced with the rapid inflation of raw material, energy, labor and distribution costs impacting the entire package printing value chain, Miraclon is taking the necessary actions to pass the increased costs along in a manner that is as fair and equitable as possible to customers.

Chris Payne, Miraclon CEO, comments: “Securing supply for our customers is our overriding priority. After weighing a combination of factors, we are taking two separate actions, because there are two different market forces at work. First, we’re raising the price of all our products to address the higher costs for raw materials, labor, utilities, and business services we are now paying. Second, we’re implementing temporary surcharges in response to the current higher costs as a result of the significantly extended supply chain and raised prices for distribution and freight services. We believe that increased costs are a temporary situation that will moderate, and as soon as we are able to, we will reduce, or remove, the surcharges. We are confident this strategy is in the best interests of our customers, the supply chain and Miraclon.”