Fujifilm announces surcharge increase for offset printing plates

The new structure’s details will be communicated to all EMEA customers

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Fujifilm announcing a surcharge increase for its aluminum offset printing plates
Fujifilm announcing a surcharge increase for its aluminum offset printing plates

Fujifilm Europe announces that, as a result of sustained and substantial increases in raw materials and logistics costs, it will be increasing the surcharge on its aluminum offset printing plates by an average of £0.60 or US$ 0.82 a square meter from 1 November 2021.

The company has been working hard to absorb material price increases by reducing its own operating costs and improving productivity. However, in the case of alumnium, the sheer magnitude of rising costs can no longer be sustained in this way. Fujifilm will continue to mitigate other rising costs, such as exchange rate fluctuations, energy, and paper.

Fujifilm to surcharge on the London Metal Exchange rate

The company will base its plate surcharges on the London Metal Exchange rate, which will be reviewed monthly. Details of the new structure will be communicated to all customers across EMEA.

For printers looking for certainty in plate pricing over the long term, a stable plate price is available via Fujifilm’s Platesense program, an initiative where the company manages various elements of a printer’s prepress operation, including plate supply and collection of scrap, for a fixed monthly fee, helping businesses manage their plate production more efficiently, and ultimately reduce costs. 

Taku Ueno, senior vice president at Fujifilm Graphic Systems EMEA, says, “Earlier this year, we informed our customers of an increase in our raw materials and logistics costs. Over recent months the situation has evolved to an unprecedented level. While this is unfortunate, and we certainly understand that these conditions are hugely difficult for our customers, the new surcharge will be offset by the increase in the value of scrap aluminum.”

 

2023 promises an interesting ride for print in India

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.

The fragmented commercial printing industry faces substantial challenges as does the newspaper industry. While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately their growth will also be moderated by the progress of the overall economy. On the other hand book printing exports are doing well but they too face several supply-chain and logistics challenges.

The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.

Ultimately digital print and other digital channels 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. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.

Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.

Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.

– Naresh Khanna

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