XSYS confirms ThermoFlexX price increases
XSYS has announced a price increase for all products and spare across its ThermoFlexX prepress portfolio as a result of the “critical global economic situation” that continues to drive up costs for its prepress equipment division.
Print Monthly Consultant Editor
Wednesday, 14 Dec 2022 12:49 GMT
Prices for ThermoFlexX imagers and ThermoFlexX Catena prices will increase 10%
ThermoFlexX imagers and ThermoFlexX Catena prices will increase 10% across the board, while spare parts and service agreements will see a 20% rise as these offerings were not included in previous increases.
While raw materials, energy and other input costs already increased by between 10% and 20% throughout 2021, XSYS says double-digit percentage inflation has continued in 2022, further compounding financial pressures on the sector.
Ongoing issues include supply shortages in the steel and plastics markets, global shortages of parts and supply chain issues within the electronics sector, and how volatile gas and electricity prices are affecting production costs and raw materials
In addition. XSYS note significant logistics challenges, saying all routes, but particularly sea freight, remain affected, with pricing consistently higher than 2021 and subject to various surcharges.
“We have been working very hard to mitigate these huge pressures by implementing numerous efficiency improvements, qualifying alternative suppliers, and enforcing aggressive cost control measures,” explains Friedrich von Rechteren, global commercial vice president at XSYS
“Unfortunately, the extraordinary and persistent inflation levels now leave us no other option than to proceed with the implementation of these price increases.
“We certainly understand that higher prices will add to the already difficult situation for our customers but given the current market conditions we have little choice but to pass on a portion of these significant increases in order to secure an uninterrupted and reliable supply of XSYS equipment.”
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