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More than 90% of plastics converters polled in Europe said that they are affected by the supply crisis, with many of them reducing production and turning away new customers to honor existing agreements.
Supply chain expert Ambrose Conroy, founder and CEO of business consultancy Seraph, shares insights on the forces buffeting the plastics resin market today and what we can expect to see in the weeks and months ahead.
The acquisition by private equity firm Smile Invest will bolster IGS's focus on developing, manufacturing, and validating high-end molds that meet the strict quality requirements of medical device OEMs.
The successful takeover of plastics expert KTSN and additional expertise positions the group as a technology integrator and more effective partner for customers in the automotive industry, said the company.