Wednesday, August 31, 2022

"Volkswagen Is Stocking Up On Glass For Fears of a Near-Future Shortage"

From Jalopnik, August 30:

Concerns about gas rationing in Europe have led the automaker to start hoarding windows.

As the war in Ukraine wears on, it’s affecting more and more parts of global supply chains. Oil and gas prices have soared, while the barely-recovering semiconductor market has fallen into scarcity once again. Now, the war is threatening another piece of the global production puzzle: Glass.

According to a new report in the Wall Street Journal, European glassmakers are in an incredibly risky position. With their heavy reliance on natural gas, largely supplied by Russia, they stand on a precarious edge: Relied upon by thousands of businesses and consumers, but at the whims of the wartime Russian government....

....MUCH MORE