NEW YORK, United States— Outages from Hurricane Ida
are exacerbating shortages of raw materials, prompting fresh warnings Wednesday
from large US companies saying supply chain problems will hinder sales.
اضافة اعلان
Paint company Sherwin-Williams cited Hurricane Ida when
cutting its third-quarter sales forecast after previously projecting a recovery
from the supply woes amid the COVID-19 pandemic.
"We continue to see strong demand," Chief
Executive John Morikis said in the statement. "However, persistent and industry-wide
raw material availability issues have not improved as anticipated, impacting
our ability to fully meet the strong demand."
Morikis said the company would impose a "four percent
surcharge" in its Americas division to offset higher raw materials, transportation
and labor costs.
The Sherwin-Williams statement echoed Tuesday's warning from
paint and coatings company PPG, which cut its third-quarter forecast, warning
sales would come in between $225 million and $275 million lower than previously
expected.
PPG cited "increasing disruptions in commodity
supplies," and said the company was continuing to "assess the full
impact of Hurricane Ida, which could include additional supply chain
effects."
The statements show how the storm — which led to widespread
outages at key Gulf Coast petrochemical plants — has added to the pressures on
supply chains already hit by the pandemic disruptions, prompting higher prices.
PPG also said it had implemented price increases to offset
elevated costs and "is seeking further increases."
Meanwhile, homebuilder PulteGroup on Wednesday warned that
supply chain problems and shortages of key building products would slow some
closings.
"Despite the extraordinary efforts of our trade
partners, the supply chain issues that have plagued the industry throughout the
pandemic have increased during the second half of the year," said
PulteGroup Chief Executive Ryan Marshall.
"We continue to work closely with our suppliers, but
shortages for a variety of building products, combined with increased
production volumes across the homebuilding industry, are directly impacting our
ability to get homes closed to our level of quality over the remainder of
2021."
Low mortgage rates has spurred demand for homes throughout
the pandemic, pushing prices higher and draining supply, which also has been
impacted by a shortage of construction workers.
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