Flint's Multi-ink Product North America October Price Increase

In Plymouth, Michigan, Flint North America announced that it will increase the price of ink products in North America from October 1, 2007. This increase in prices will continue to increase prices for raw materials, transportation, and energy. The inevitable result. The specific price increase rate is as follows:

Printing gravure: 10%
Printing thermal coagulation version: 8%
News ink: 6%;
Sheets: 5%-7% (depending on technology and color)
Packaging: above 12% (depending on technology and color)

Bill Miller, President of Flint North America, commented that at present, the continuous increase in the consumption of petroleum and petroleum extracts and the limited capacity of refineries are the key factors in the increase of raw material prices. In addition, the recent Chinese government's measures to shut down a batch of chemical plants that pollute air and water sources and cancel the VAT refund policy are also the reasons for the increase in the company's product prices. Both of these initiatives have a major impact on the world's printing ink raw materials, media and chemicals.

Mr. Bill Miller also added that Flint is always looking for the best source, the lowest price of raw materials, to ensure to provide customers with stable high-quality products. He said that the company’s representative will contact the customer for details in the next two weeks.