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The Water Cooler
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The shortages are starting
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<blockquote data-quote="jakeman" data-source="post: 3567649" data-attributes="member: 10690"><p>The Feb freeze along the Gulf coast did massive amounts of damage to the chemical and refining plants.</p><p></p><p>Plastics took a beating. So did adhesives. Paint is going to be very difficult to come by in the coming months.</p><p></p><p>You can't make plastic parts without the plastic pellets. You can't make paint and adhesives without the resins it takes to make them. You can't make an apple pie without apples. It is what it is. The plants went thru a hard shutdown, and that's hard on equipment. After they replace all the damaged equipment they will have to inspect every inch of 1000's of miles of pipe in each of those plants to check for ruptures and leaks.</p><p></p><p>It will be well into the 4th quarter before the chemical plants are back at pre-storm production levels. That means probably shortages well into Q1 or Q2 of 22 before things are back to normal from a raw material standpoint. Prices are escalating. They are going to continue to do so. Most suppliers have declared a force majeure. It's going to get worse before it gets better.</p></blockquote><p></p>
[QUOTE="jakeman, post: 3567649, member: 10690"] The Feb freeze along the Gulf coast did massive amounts of damage to the chemical and refining plants. Plastics took a beating. So did adhesives. Paint is going to be very difficult to come by in the coming months. You can't make plastic parts without the plastic pellets. You can't make paint and adhesives without the resins it takes to make them. You can't make an apple pie without apples. It is what it is. The plants went thru a hard shutdown, and that's hard on equipment. After they replace all the damaged equipment they will have to inspect every inch of 1000's of miles of pipe in each of those plants to check for ruptures and leaks. It will be well into the 4th quarter before the chemical plants are back at pre-storm production levels. That means probably shortages well into Q1 or Q2 of 22 before things are back to normal from a raw material standpoint. Prices are escalating. They are going to continue to do so. Most suppliers have declared a force majeure. It's going to get worse before it gets better. [/QUOTE]
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