Xsys has announced the increase in the price of nyloflex products
By 2021, the rise in costs has reached unprecedented levels, affecting all businesses and their suppliers throughout the printing industry. Until now, Xsyshas been able to secure supply of key raw materials and access to supply networks by absorbing this cost inflation through various cost-reduction initiatives and projects and technology improvements, and other efficiency gains.
Xsys productions costs rise with an increase in energy prices
As we enter 2022, cost inflation is continuing to be passed on by suppliers, and the impact is coming from several directions –
Double-digit price increases are being levied by raw material and feedstock suppliers.
Energy prices have soared, resulting in a significant rise in Xsys production costs and increased costs from suppliers.
Transport and freight costs to customers have increased and continue to do so, which also impacts the cost of supply for raw materials.
There are currently no signs that this inflation will start retracting soon. As a result, Xsyswill mitigate the impact by putting a price increase of 6% across the nyloflex product range on 1 February 2022.
“Our priority remains, as always, to offer a constant and reliable supply of products to our customers, irrespective of the current market conditions. We will naturally maintain full support with technical service and quality products during this challenging period to ensure that our customers can continue to service their customers,” said Friedrich von Rechteren, global commercial vice president at Xsys. “In addition, Xsys will invest in more projects and high-efficiency drives designed to counter the inflation where possible.”
Packaging South Asia — authentic, impactful and influential
An English-language packaging industry B2B platform in print and web, Packaging South Asia is in its 19th year of publication. We do not make any claims about being the best or the most widely read. However, if you are interested in targeting the Indian and South Asian markets to sell equipment, technology, software, and consumables, we can help.
To improve your marketing and grow sales, talk to us. Our research and consulting company IppStar [www.ippstar.org] can assess your potential and addressable markets in light of the competition. We can discuss marketing, communication, and sales strategies for market entry and growth.
Suppliers and service providers with a strategy and budget for targeted marketing can discuss using our hybrid print, web, video, and social media channels to create brand recognition linked to market relevance. Our platform and channels are differentiated by hands-on practice and an understanding of business and financials. Our team, including some of the best technical writers, is ready to meet you and your customers for content.
India and South Asia’s fast-growing packaging industry is continuously expanding capacities with efficiency and appropriate innovative technologies. Get our 2025 media kit and recalibrate your role in this dynamic market. Enhance your visibility and relevance to existing markets and turn potential customers into conversations. Ask for a sample copy of our monthly or two weekly packaging eZines.
