Actega announces price increase for water-based coatings

Gives in to supply chain cost pressures

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Actega
Photo Actega

Actega, manufacturer of specialty coatings, inks, adhesives, and sealing compounds for the print and packaging industry, recently announced that prices for water-based coatings will increase from 1 February 2022.

These price increases are a necessary and direct result of the escalating costs associated with manufacturing products in Europe, including raw material, transportation, packaging, and energy costs.

Actega will remain a reliable partner to its valued customers, supporting them with the expected high-quality products and services.

Actega is a division of the internationally operating specialty chemicals group Altana. With production facilities in Europe, North and South America, and China, Actega develops, produces, and distributes specialty coatings, inks, adhesives, and sealing compounds with a focus on the packaging industry. 

Following the motto “Packed with Expertise”, Actega does not only offer technically sophisticated product solutions but also meets the high safety standards of the food, beverages, pharmaceutical, and toy industries. Whether for flexible and metal packaging, folding cartons, or labels, products by Actega provide packaging with a high-quality appearance and innovative functionalities.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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– Naresh Khanna

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