The World is Running Out of the Color Blue
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Paint industry insiders are saying the problem is causing \\u201ccomplete chaos\\u201d as supply chain challenges intensify and reports emerge that the world is running out of the color blue.
You heard that right.
According to Bloomberg, Dutch paint company Akzo Nobel NV reports they\\u2019re running out of the ingredients to make several shades of blue paint and the color tint has become \\u201cextremely difficult to get.\\u201d
And the weird part is, Akzo Nobel says there\\u2019s no reason for it.
Bloomberg quoted CEO Theirry Vanlacker as saying \\u201cThere isn\\u2019t really a reason why this big panic is happening\\u201d and that \\u201cThis should be a transient situation that could take six to nine months to get back to normal, but there is no fundamental reason why there would be a lasting supply and demand imbalance.\\u201d He says the capacity for making these raw materials never changed, yet his company is now expecting cost increases and shortages into 2022.
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