August 12, 2010 - The increase in the price of silver is driving up the worldwide prices, a imaging film company said this week.
As a result, Carestream Health’s price increases are necessary to maintain the reliable flow of high-quality film products expected by customers around the world. Details surrounding new prices have been or will be communicated locally in each country.
The double-digit percentages increases vary depending on market conditions around the world, and are driven by significant price increases of commodities such as silver, polyester, oil and electricity required to produce and ship imaging films and supplies.
Silver prices in particular have increased by more than 70 percent over the last 18 months. Oil prices also remain high, which drive higher overall polyester, transportation and energy costs.
For more information: www.carestreamhealth.com.