Spiraling Raw Materials Costs Puts Manufacturers in Crisis Mode
- Akzo, Daimler see supply-chain issues weighing on business
- Dutch paint maker has to send supplies from China by train
This article is for subscribers only.
A breakneck rise in the cost of raw materials and shortages of key components are creating logistical nightmares for a growing number of industrial manufacturers.
Mercedes-Benz maker Daimler AG and Dutch paint producer Akzo Nobel NV, which supplies Apple Inc. and BMW AG, on Wednesday became the latest to warn about supply-chain disruptions and price increases for customers as they grapple with a surge in demand for their products.