03.17.21
Since the beginning of 2021, Doneck Network said it has been struggling with strong turbulence in the global supply chain as well as the associated cost increases.
There are various reasons for this, Doneck said:
- Massive increase in the cost of pigments and titanium dioxide;
- General shortage of petrochemical raw materials;
- Exploding sea freight costs due to a shortage of containers
The interaction of these factors is having a profound effect on the cost structures of Doneck Network, according to the company.
Together with its suppliers, its international supply chain team is working flat out to secure the supply of raw materials and to counteract bottlenecks in transport capacities, Doneck Network said.
Also, internal Optimization programs are supporting our efforts to keep the raw material costs and prices for our customers as low as possible, according to Doneck Network.
Doneck Network said it will check the specific effect on all its products and will shortly be informing its customers about unavoidable and necessary price adjustments.