Latest News Tue, Aug 3, 2021 10:55 AM
There are many reasons for the current shortage of raw materials and supply bottlenecks. The demand for many raw materials has increased considerably throughout the world. As a result, prices are rising and the current raw materials shortage is leading to stockpiling.
“A pandemic on this scale has incalculable consequences for the global flow of goods and presents extraordinary challenges for our closely interconnected world. The construction sector as a whole and we as insulation manufacturers are under enormous price pressure. We are currently experiencing an unprecedented price explosion as far as our material and operating costs are concerned. All types of plastic are affected by these drastic price leaps,” Guillerme Huguen, Armacell Chief Strategic Development Officer & Chief Purchasing Officer, explains.
Malte Witt, Armacell Vice President EMEA & Chief Marketing Officer, adds: “In recent months, we have made enormous efforts to minimise the risks resulting from the current difficult situation for our business partners. However, with prices for our raw materials, operating supplies, energy and logistics continuing to rise, our options in this extremely tense situation on the market are limited. We realise that in this phase it is crucial that our customers are able to plan, and therefore we inform wholesalers and installers about developments in good time. We want to prevent installers being left to bear the higher costs and recommend that they include provisos to cover price increases in their quotations. In these difficult times for all of us, strong and reliable partnerships are more important than ever.”
Featured News
A construction skills crisis coupled with over-complicated tender processes and a...
Award-winning Midlands contractor McPhillips (Wellington) Ltd has secured a major new...
BUILDING PRODUCT LIBRARY - LATEST BROCHURES
Novantica - Cement F...
By Fassa Bortolo
Fassatherm System -...
By Fassa Bortolo
Fassarend System - P...
By Fassa Bortolo
Fassalime System - P...
By Fassa Bortolo
Sport England’s Perf...
By Passivent
BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS
Straightcurve® – headquartered in Australia, is renowned for high-end innovative garden edging,...
The Kingspan RLG600 raised access floor panel is intended for light office use and is capable of...
Kingspan RHG600 Simploc is the heavy grade floor system, capable of handling up to a 12kN/m2...
CONSTRUCTION VIDEOS - LATEST VIDEOS
“Building with stone wool insulated sandwich panels” written by Professor Imperadori, is now...
Portakabin | Installation at the iconic Admiralty Arch, London