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COVID-19 - News digest as of 03.12.2021

December 03/2021

1. COVID-19 pandemic put unprecedented pressure on many global industries supply chain

MOSCOW (MRC) -- The ongoing impacts of COVID-19, surging prices for energy and raw materials, and Forces Majeures destabilising the global supply chain put mounting pressure on the supply chain not only in one industry, but instead represents a global challenge wrought by global issues. Most unprecedented is the COVID-19 pandemic and subsequent lockdowns that have led to a huge shift in consumer behaviour and economic patterns, according to Packaging Europe with reference to statements of Bernard Lombard from Cepi and Ron Marsh from the Polymers for Europe Alliance. �Many sectors, including ours, had to adjust to a global economic slow-down but are now facing a spectacular and unexpected rebound,� explains Bernard Lombard, a trade expert working at Cepi, when discussing the impact of the supply chain crisis on the paper industry.
Author:Margaret Volkova
Tags:Asia, Europe, PP, PE, crude and gaz condensate, petrochemistry, packaging, COVID-19, USA.
Category:General News
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