U.S. plastic producers are encountering supply chain challenges as the Iran war disrupts the flow of essential materials. Companies reliant on monoethylene glycol and purified terephthalic acid are declaring forces majeures due to the conflict.
- U.S. plastic manufacturers are facing supply chain disruptions due to the Iran war.
- Key materials like monoethylene glycol and purified terephthalic acid are in short supply.
- Forces majeures have been declared by several producers as a result of the conflict.
- The Strait of Hormuz is experiencing halted shipping, affecting material transport.
- PKN Orlen SA is one of the companies impacted by the supply chain issues.
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