Serious shortages of raw materials can affect the supply of paint and ink

As reported by the British Coatings Federation (BCF), the supply of several important chemicals has been restricted after serious explosions and fires in China's industrial parks. According to the British Coatings Federation (BCF), the supply of several important chemicals (including paint, ingredients used in paints and printing inks) has been severely restricted after major accidents in Jiangsu Province, China.

As reported by BFC, explosions and fires in March caused nearly 80 deaths and hundreds of injuries, spread to nearby facilities and led to large-scale evacuation. The Chinese government has forced the closure of factories in industrial parks and other nearby factories for investigation and safety inspection. The impact is affecting the supply chain of paint and printing ink.

The impact is affecting the supply chain of paint and printing ink, and there is a serious lack of key components, such as water-based paint preservatives, UV-ink photoinitiators and some red and yellow pigments. It is not clear when closed factories will reopen and their future capacity for these raw materials will be in the near future. When talking about this situation, Tom Bowtell, chief executive of BCF, said: "Although we certainly have great sympathy for all those affected by the disaster, the situation in China may have a long-term impact on our industry, and the supply capacity of our members has been completed, due to the lack of several key raw materials, we provide our customers with paint, paint and ink products. We are monitoring the situation and will keep our members informed.