Doneck Network announces price increases: shortages in the global supply chain lead to a sharp increase in raw material prices

Since the beginning of 2021, the Doneck Network has been struggling with strong turbulence in the global supply chain as well as the associated cost increases.

There are various reasons for this: 
• massive increase in the cost of pigments and titanium dioxide
• general shortage of petrochemical raw materials
• exploding sea freight costs due to a shortage of containers

The interaction of these factors is having a profound effect on the cost structures of the Doneck Network. Together with our suppliers, our international supply chain team is working flat out to secure the supply of raw materials and to counteract bottlenecks in transport capacities.

In addition, internal Optimization programs are supporting our efforts to keep the raw material costs and prices for our customers as low as possible.

The Doneck Network will check the specific effect on all its products and will shortly be informing its customers about unavoidable and absolutely necessary price adjustments.

Photo: Doneck Network