We have started receiving inquiries into the potential impact to Teknor Apex and its respective operations in North America due to the conflict in Eastern Europe, between Russia and Ukraine. Currently, we do not expect any shortfall in key raw material supply due to these recent events and our plant operations are not expected to be impacted.
Our logistics team will continue to monitor the challenges regarding international and domestic shipping, which was already a struggle prior to the recent EU conflict. The most obvious impact will be increased costs, especially as it relates to fuel. Domestically, truck and driver availability will continue to be a challenge to navigate. Internationally, the shipping crisis continues to worsen with container shortages and delays at all ports. Teknor Apex is working with our suppliers and logistics providers to minimize impacts on deliveries as best we can.
As always, we strive for proactive communications to our valued customers.
This situation is very fluid, our supply chain team is monitoring closely and will update as needed.
CONTACT: Laura Smith, Director, Customer Service & Logistics