Dear Readers,
since the outbreak of war in the Middle East at the end of February, the raw materials market has been thrown into disarray. As a plastics processor, we are directly affected by the consequences.
We are not only facing an unprecedented surge in prices for raw materials, energy and diesel, but also the termination of pricing agreement mechanisms that have been in place for decades.
As a result, we currently receive price commitments from raw material suppliers for only one week. We are doing everything in our power to ensure security of supply for our customers.
Dr. Ansgar Strumann
Managing Partner
