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Showing research about Materials - Chemicals

20200423-sika-origins

Sika seeks opportunities as COVID-19 raises inventory risks

Specialty chemical firm Sika reported a decline in revenues on an organic basis in Q1 “due to the coronavirus” according to CEO Paul Schuler. In terms of U.S. sales decline “was seen towards the end of March” though there are “opportunities in this challenging environment”. U.S. seaborne impor... Read more →

Screen-shot-2020-04-03-at-10

Q2 2020 Outlook: Through a COVID-19 lens, darkly

The outlook for global trade and supply chains is overshadowed by the continued spread of COVID-19 and the unprecedented disruptions it is causing. This report addresses six areas where COVID-19 could disrupt supply chains in the next three months. Corporations are struggling to determine the ... Read more →

20200401-lenzing-macro

Lenzing cuts costs as COVID-19 disrupts textile fiber flows

Textile fiber producer Lenzing has suspended its earnings guidance as the impact of the COVID-19 outbreak “cannot yet be reliably estimated” while the firm has started cost cutting to offset the “negative impact on its textile sales volume”. Lenzing is deep within the apparel supply chain and ... Read more →

20200318-soap-eu-destins

EU coronavirus strategy may wash away soap exports

The European Commission has launched a coronavirus initiative including travel restrictions and limits on exports of key medical supplies outside the EU. Corporations in the EU are also reviewing their supply chains with LVMH and Pernod Ricard repurposing their perfume and alcohol production t... Read more →

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