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Updated · Bloomberg · Apr 28Shin-Etsu Chemical Co. withholds annual forecast over Middle East war disruptions
9 articles · Updated · Bloomberg · Apr 28
- The company, a major supplier of silicon wafers and photoresists, has also raised prices on infrastructure materials due to the Iran conflict.
- Shin-Etsu cites supply constraints and volatile prices caused by the ongoing Middle East war as reasons for its decision.
- The company’s actions reflect wider industry challenges as global supply chains face uncertainty from geopolitical tensions in the region.
Shin-Etsu withholds its forecast amid global chaos. Are investors ignoring the warning signs for this chemical giant? Facing war and material shortages, how close is the global semiconductor supply chain to a complete breakdown? How is the Iran war pushing over 32 million people into poverty while disrupting global industries? The Strait of Hormuz is blockaded. Are we heading for $150 oil and a new global recession? As naphtha prices skyrocket, will this crisis finally force a shift away from fossil-based chemical production? With a global helium shortage crippling chip fabrication, is the AI revolution already over?