For ink companies, 2009 is a year of ups and downs. With the global economic crisis, fluctuations in raw material prices and falling market demand, ink manufacturers have also spent an extraordinary year, but looking to the future, they Still full of confidence in 2010.
Review in 2009
No matter from which point of view, 2009 is a very difficult year for the ink manufacturing industry. Manufacturers are under pressure from different sectors, including the economic downturn, the sluggish printing market, high raw material costs and increasing market competition.
Sun chemical
Brian Leen, president of Sun Chemical North America Ink, believes that 2009 has brought great challenges to Sun Chemical and the entire industry. The commercial sheetfed ink market has seen a decline due to the reduction in unnecessary spending by consumers, and the publishing and printing market, including newspapers, has also shrunk dramatically in 2009. In addition, the intensification of the economic recession has accelerated the speed at which the Internet and other electronic media have replaced traditional paper media.
Shengweike
Peter Heimerzheim, Director of Corporate Communications at Siegwerk, said: "Our sales last year were significantly lower than the previous year, mainly due to the downturn in the printing and gravure markets. In our big market - the European market is For example, sales in the first six months of last year were 20% to 25% lower than last year.†Operating expenses and inventory levels have focused on helping customers develop their business. With the joint efforts of all employees, Siegwerk North America has made progress in many areas.
Flint
Flint Group executive Charles Knott believes that 2009 is a challenging year for the entire industry. He said: "The changes in the world economy in the fourth quarter of 2008 have accelerated the pace of innovation in the printing industry. This means that the Flint Group needs to pay attention to two key issues, one is to ensure that our products and employees can create for customers. More value; the second is to reduce internal waste and develop a reasonable cost structure based on the market we serve."
Toyo Ink
Yu Adachi, director of corporate communications at Toyo Ink, said: "In the first half of fiscal 2009, under the influence of the global economic downturn, gravure inks for building materials and plastic colorants for automobiles were unsalable in the North American market. In Japan, the performance of offset inks is disappointing because of the inability to eliminate the effects of the recession. Gravure inks are often used as flexible packaging films in food packaging, and as consumers become more concerned about environmentally friendly products, non-toluene and water The sales of base inks are also growing steadily."
Wikoff Color
Geoff Peters, president and operating officer of Wikoff Color, said: "Our sales in 2009 were not ideal. The rising cost of raw materials and the increasingly fierce market competition have put a lot of pressure on us. Some printing companies are struggling on the line of life and death; some companies (such as folding carton packaging and printing plants) have made their business a success. This year, this year also brought us some surprises, such as us Developed new products, attracted new customers and achieved cost savings."
Putian ink
Rick Clendenning, president and executive of Putian Ink, believes the company performed quite well last year. He said: "Although the demand in some market sectors has declined, we have achieved good results this year. I believe that every one is trying to change the way they manage their business. Those who can lead the company out of the predicament must Can bring a better tomorrow to the company."
CRI
George Sickinger, president and executive officer of Color Resolutions International (CRI), believes the company has performed very well compared to other areas. He said: "We mainly serve the packaging industry, and regardless of the economy, people are going to eat and drink. In fact, some of our customers who produce packaging for wine and spirits have even achieved business breakthroughs last year. â€
Outlook for 2010
Although the economic situation has begun to recover in 2010, ink manufacturers are still worried about some potential problems and fluctuations in raw material prices.
Vicfkler
The company is more optimistic about the 2010 forecast, they believe that the economic crisis has ended, and the growth of consumer demand will also help the economic recovery. The adjustments made to the cost structure by Vick Fokler and other US companies will be effective next year. And because of the reduction in inventory, production will also achieve significant growth. The big difficulty facing ink companies is how to provide cost-effective services to customers while controlling material costs.
Putian ink
Rick Clendenning, president and executive officer of Putian Ink Co., Ltd., is also full of confidence in the company's development in 2010, but he also worried that the emergence of various unstable factors will bring certain difficulties to the economic recovery.
Sun chemical
Sun Chemicals executive Felipe Mellado believes that 2010 is a challenging year for both solar and the entire ink industry.
He said: "The cost of raw materials will continue to rise, but we will definitely take effective measures to meet the requirements of customers and help them reduce costs. Sun Chemical has always been known for its sincere service to customers, and we believe in quality, service and Investments in innovation and other aspects can help customers succeed. In today's challenging market environment, our solutions not only improve the efficiency of our customers, but also prevent their print quality or service levels from being affected. â€
Shengweike
Peter Heimerzheim, Director of Corporate Communications at Siegwerk, said: "We don't expect the market to achieve significant growth, but we will try to keep production and operating income at 2008 levels." Shengweike believes that the economic recovery will There was a certain impact on the ink manufacturing industry in 2010, and the company is also planning to take some investment actions this year.
Flint
Flint Group Executive Charles Knott said: "We can't predict the economic trend like other competitors and customers, and we don't have any expectations for 2010 production. In any case, we will do our best to meet market demand, and Focus on helping customers improve quality and reduce costs."
It is understood that Flint Group has an experienced and comprehensive service team, whether in ink, blankets, printing consumables or in the field of flexo or sleeve manufacturing, Flint's competitiveness is unmatched. .
Toyo Ink
Yu Adachi, director of corporate communications at Toyo Ink, said: "The entire ink manufacturing industry is currently in a period of turmoil, but with the continuous introduction of new products, we believe that the situation will improve in 2010. In the coming year, we The strategic focus will shift to the South American market, as this will give us more opportunities. In China and South Asia and India, the demand for printing inks and high-performance pigments will also increase. We will simplify the supply chain. Manage systems and expand the range of high performance and environmentally friendly products to enhance our printing ink business and increase product sales."
Xiaobian Review
Undoubtedly, the global economic recession in 2009 will bring more or less impact to all areas of the printing industry, and advertising is one of the first areas. All companies and markets are unlikely to be immune to the economic crisis, and the impact on the advertising sector is large. Companies have cut advertising spending and used money elsewhere, which has caused many newspaper and magazine companies to close down.
Correspondingly, the food packaging industry, which is dominated by folding cartons, flexible packaging and labels, has shown a thriving scene. However, the reduction in sales of new presses has also shown a decline in print production and ink sales from another perspective.
The printing media industry has shrunk by 20%-25%. In the packaging field, depending on the end product, the business conditions of the company are also different. The market demand for all products related to daily needs, such as fast food, candy, sanitary or frozen foods, is relatively stable; the survival of paper, cardboard and label companies is worrying because many consumers have cut their own products. Expenditure.
In general, the shrinking of printing companies is more serious, and no market or region has significantly better performance than other markets and regions.
In addition to advertising, the newspaper industry is also affected more. The economic crisis and the impact of online media have reduced the living space of newspapers. Even if the economy starts to pick up, it is difficult for the newspaper industry to return to the previous level.
Looking at the world, the impact of the economic crisis will not be eliminated soon, but there are signs that the world economy has begun to pick up. The printing industry generally lags behind the pace of economic recovery, but as long as patience and scientific management, most of the market demand will remain stable, which will help the printing industry to get out of the valley as soon as possible and climb the peak again.
Of course, we must also acknowledge that 2010 will still be a very difficult year, the unemployment rate will continue to rise, and there is no slowing demand. The increasing unemployment and declining purchasing power of consumers will have a negative impact on ink supplier capacity and put a lot of price pressure on manufacturers. In addition, the rapid recovery of the Chinese and Indian economies will further increase the cost of raw materials.
Review in 2009
No matter from which point of view, 2009 is a very difficult year for the ink manufacturing industry. Manufacturers are under pressure from different sectors, including the economic downturn, the sluggish printing market, high raw material costs and increasing market competition.
Sun chemical
Brian Leen, president of Sun Chemical North America Ink, believes that 2009 has brought great challenges to Sun Chemical and the entire industry. The commercial sheetfed ink market has seen a decline due to the reduction in unnecessary spending by consumers, and the publishing and printing market, including newspapers, has also shrunk dramatically in 2009. In addition, the intensification of the economic recession has accelerated the speed at which the Internet and other electronic media have replaced traditional paper media.
Shengweike
Peter Heimerzheim, Director of Corporate Communications at Siegwerk, said: "Our sales last year were significantly lower than the previous year, mainly due to the downturn in the printing and gravure markets. In our big market - the European market is For example, sales in the first six months of last year were 20% to 25% lower than last year.†Operating expenses and inventory levels have focused on helping customers develop their business. With the joint efforts of all employees, Siegwerk North America has made progress in many areas.
Flint
Flint Group executive Charles Knott believes that 2009 is a challenging year for the entire industry. He said: "The changes in the world economy in the fourth quarter of 2008 have accelerated the pace of innovation in the printing industry. This means that the Flint Group needs to pay attention to two key issues, one is to ensure that our products and employees can create for customers. More value; the second is to reduce internal waste and develop a reasonable cost structure based on the market we serve."
Toyo Ink
Yu Adachi, director of corporate communications at Toyo Ink, said: "In the first half of fiscal 2009, under the influence of the global economic downturn, gravure inks for building materials and plastic colorants for automobiles were unsalable in the North American market. In Japan, the performance of offset inks is disappointing because of the inability to eliminate the effects of the recession. Gravure inks are often used as flexible packaging films in food packaging, and as consumers become more concerned about environmentally friendly products, non-toluene and water The sales of base inks are also growing steadily."
Wikoff Color
Geoff Peters, president and operating officer of Wikoff Color, said: "Our sales in 2009 were not ideal. The rising cost of raw materials and the increasingly fierce market competition have put a lot of pressure on us. Some printing companies are struggling on the line of life and death; some companies (such as folding carton packaging and printing plants) have made their business a success. This year, this year also brought us some surprises, such as us Developed new products, attracted new customers and achieved cost savings."
Putian ink
Rick Clendenning, president and executive of Putian Ink, believes the company performed quite well last year. He said: "Although the demand in some market sectors has declined, we have achieved good results this year. I believe that every one is trying to change the way they manage their business. Those who can lead the company out of the predicament must Can bring a better tomorrow to the company."
CRI
George Sickinger, president and executive officer of Color Resolutions International (CRI), believes the company has performed very well compared to other areas. He said: "We mainly serve the packaging industry, and regardless of the economy, people are going to eat and drink. In fact, some of our customers who produce packaging for wine and spirits have even achieved business breakthroughs last year. â€
Outlook for 2010
Although the economic situation has begun to recover in 2010, ink manufacturers are still worried about some potential problems and fluctuations in raw material prices.
Vicfkler
The company is more optimistic about the 2010 forecast, they believe that the economic crisis has ended, and the growth of consumer demand will also help the economic recovery. The adjustments made to the cost structure by Vick Fokler and other US companies will be effective next year. And because of the reduction in inventory, production will also achieve significant growth. The big difficulty facing ink companies is how to provide cost-effective services to customers while controlling material costs.
Putian ink
Rick Clendenning, president and executive officer of Putian Ink Co., Ltd., is also full of confidence in the company's development in 2010, but he also worried that the emergence of various unstable factors will bring certain difficulties to the economic recovery.
Sun chemical
Sun Chemicals executive Felipe Mellado believes that 2010 is a challenging year for both solar and the entire ink industry.
He said: "The cost of raw materials will continue to rise, but we will definitely take effective measures to meet the requirements of customers and help them reduce costs. Sun Chemical has always been known for its sincere service to customers, and we believe in quality, service and Investments in innovation and other aspects can help customers succeed. In today's challenging market environment, our solutions not only improve the efficiency of our customers, but also prevent their print quality or service levels from being affected. â€
Shengweike
Peter Heimerzheim, Director of Corporate Communications at Siegwerk, said: "We don't expect the market to achieve significant growth, but we will try to keep production and operating income at 2008 levels." Shengweike believes that the economic recovery will There was a certain impact on the ink manufacturing industry in 2010, and the company is also planning to take some investment actions this year.
Flint
Flint Group Executive Charles Knott said: "We can't predict the economic trend like other competitors and customers, and we don't have any expectations for 2010 production. In any case, we will do our best to meet market demand, and Focus on helping customers improve quality and reduce costs."
It is understood that Flint Group has an experienced and comprehensive service team, whether in ink, blankets, printing consumables or in the field of flexo or sleeve manufacturing, Flint's competitiveness is unmatched. .
Toyo Ink
Yu Adachi, director of corporate communications at Toyo Ink, said: "The entire ink manufacturing industry is currently in a period of turmoil, but with the continuous introduction of new products, we believe that the situation will improve in 2010. In the coming year, we The strategic focus will shift to the South American market, as this will give us more opportunities. In China and South Asia and India, the demand for printing inks and high-performance pigments will also increase. We will simplify the supply chain. Manage systems and expand the range of high performance and environmentally friendly products to enhance our printing ink business and increase product sales."
Xiaobian Review
Undoubtedly, the global economic recession in 2009 will bring more or less impact to all areas of the printing industry, and advertising is one of the first areas. All companies and markets are unlikely to be immune to the economic crisis, and the impact on the advertising sector is large. Companies have cut advertising spending and used money elsewhere, which has caused many newspaper and magazine companies to close down.
Correspondingly, the food packaging industry, which is dominated by folding cartons, flexible packaging and labels, has shown a thriving scene. However, the reduction in sales of new presses has also shown a decline in print production and ink sales from another perspective.
The printing media industry has shrunk by 20%-25%. In the packaging field, depending on the end product, the business conditions of the company are also different. The market demand for all products related to daily needs, such as fast food, candy, sanitary or frozen foods, is relatively stable; the survival of paper, cardboard and label companies is worrying because many consumers have cut their own products. Expenditure.
In general, the shrinking of printing companies is more serious, and no market or region has significantly better performance than other markets and regions.
In addition to advertising, the newspaper industry is also affected more. The economic crisis and the impact of online media have reduced the living space of newspapers. Even if the economy starts to pick up, it is difficult for the newspaper industry to return to the previous level.
Looking at the world, the impact of the economic crisis will not be eliminated soon, but there are signs that the world economy has begun to pick up. The printing industry generally lags behind the pace of economic recovery, but as long as patience and scientific management, most of the market demand will remain stable, which will help the printing industry to get out of the valley as soon as possible and climb the peak again.
Of course, we must also acknowledge that 2010 will still be a very difficult year, the unemployment rate will continue to rise, and there is no slowing demand. The increasing unemployment and declining purchasing power of consumers will have a negative impact on ink supplier capacity and put a lot of price pressure on manufacturers. In addition, the rapid recovery of the Chinese and Indian economies will further increase the cost of raw materials.
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