A wave of force majeure statements from European raw material suppliers, the likes of which have not been seen since 2015, is leading to a difficult situation for the member companies of IVK Europe as manufacturers of products made of plastics. At the same time there has been a lack of imports from the USA and the Middle and Far East in recent weeks. The situation is exacerbated by the high demand for packaging in the food sector and for medical products, but also in the construction, automotive and furniture industries, IVK Europe’s core areas.
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