The past couple years have been a bumpy ride for suppliers, processors and customers, as disruptions have rippled through the supply chain, starting with the COVID-19 pandemic. Later, Hurricane Ida caused widespread refinery closures in the Gulf Coast area, driving up the price of resins and plastic parts.
However, the supply chain appears to be stabilizing.
The pandemic beginning in 2020 coupled with Hurricane Ida in 2021, which caused widespread refinery closures in the Gulf Coast area, exacerbated existing global supply chain issues and drove up the price of resins and plastic parts.