German Chemical Firms See Output Cuts as War Crimps Supplies
11 Articles
11 Articles
The German chemical industry has been in a slump for years. Now the Iran war is exacerbating its situation. The industry fears bottlenecks in important raw materials because of the blocked road of Hormus.
The German chemical industry warned that war shocks in Iran are beginning to affect the largest economy in Europe, with several companies reducing production to the extent that supply chains are working and energy costs are shooting. How are countries responding to oil shock? See on the interactive map the measures already announced zero duty, export duty and fine: See measures by the Brazilian government to contain diesel The industry, which su…
First products become scarce and expensive, supply chains threaten to break. The chemical industry is in a state of emergency. This is not only due to the Iran war, but also to the deindustrialization in Germany.
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