Paintmakers Are Running Out of the Color Blue
Dutch paint maker Akzo is running out of ingredients to make some shades of blue, the latest fallout from the global supply-chain disruptions that are spreading across manufacturers. From a report: "There is one basic color tint that is extremely difficult to get," Chief Executive Officer Thierry Vanlancker said in an interview Wednesday after publishing third-quarter earnings. "It's creating complete chaos." In addition to the bluish hue, Akzo Nobel is having trouble sourcing the tinplate used to make metal cans, forcing the Amsterdam-based company to ship empty pots from one country to another for filling. It also called a force majeure on deliveries of some exterior wall paints because an additive needed to make them waterproof is unavailable. The supply-chain snarls that have sown disarray across industries are raising prices and creating shortages of some basic household products. Paint makers, which typically rely on hundreds of additives and chemicals, have warned for months of higher costs and logistical issues. Akzo Nobel earlier Wednesday said the spiraling costs and materials shortages will last through the middle of next year.
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