Karachi October 14 2021: Archroma's Raw materials / Petrochemicals supplies coming from China are getting adversely affected by the ongoing 'Energy consumption controlling measures' and 'environmental checks', coupled with disrupted global Supply Chain situation due to non-availability of vessels & containers, as per information shared by the company at Pakistan Stock Exchange.
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During the last few weeks, Archroma has been informed by some of the global Raw Materials suppliers, affected by such supply chain disruptions and have also declared Force Majeure, due to abovementioned situation. As a consequence of these events, which are beyond our control and leading to challenges for procuring some of our Raw Materials, therefore, we are being forced to declare Force Majeure effective from today due to our inability to manufacture and supply such affected products for the time being.