Power shortages across China force dozens of suppliers to halt productionEverstream Team
Dozens of energy-intensive industries were forced to either reduce or shut down plant operations in multiple provinces across China over the past few days as authorities started to enforce dual-control policies to limit energy consumption in the country. Among the affected sectors — since the beginning of the nationwide crackdown in mid-September — were industries with high energy consumption, ranging from petrochemicals and textile printing to aluminum production. So far, Everstream Analytics has tracked power-related disruptions at more than 60 companies, a list that is likely to expand over the coming days.
As China prepares for Golden Week, a weeklong national holiday, the risk of extended shutdowns and further delivery delays of key industrial goods is heightened. To find out more about how this halted production indicates a widening issue that may have reverberating supply chain impacts, read Everstream’s latest in-depth report.
- Identifying key reasons for shortages in top manufacturing regions
- Overview of impacts on affected industries thus far
- Analysis of future elevated risk factors, including extreme weather
- Everstream Analytics recommendations and solutions to mitigate risk