Making things worse, Ukraine is a critical supplier of neon and argon used in chipmaking. Ukraine produces 70% of the world’s supply of neon. Neon is used in lithography, which is a crucial step in the chip production process. Argon is used in etching, which is needed for producing semiconductors. Besides Ukraine, Russia supplies 35% of the U.S.’s palladium, a rare metal that is used for semiconductor production.Industry Week
The Russia invasion of Ukraine will disrupt semiconductor production in the United States and beyond. Finding alternative supplies of neon gas and palladium will also take time. Some suppliers are developing ways to recycle neon and other materials as a stopgap solution.
Ultimately, these material supply disruptions will prolong the shortages of many products, creating a perfect storm for escalating inflation worldwide....
Expect a New Wave of Supply Chain Headaches with Ukraine Crisis, Bevy of Other Issues
Christopher S. Tang | University Distinguished Professor and Edward W. Carter chair in business administration at the UCLA Anderson School of Management
https://www.industryweek.com/supply-chain/article/21234730/expect-a-new-wave-of-supply-chain-headaches-with-ukraine-crisis-bevy-of-other-issues
10 comments:
This is going to be the battle.
There is a persistent belief in the Magic Porridge Pot in the West - that we can live high on the hog and just exchange our logos and witty marketing lines for actual stuff with the less refined parts of the world - because they are desperate for our refined culture.
Unfortunately when you prove to be an unreliable partner, then the desire to give you real things in return for vacuous notions and dubious promises declines.
Never forget that money is a promise. It is a liability. The West just defaulted on that liability with Russia, and the rest of the world raise an eyebrow.
All we can hope is that Russia is so enamoured with the gold coin view of the world, that they didn't get the memo.
https://en.wikipedia.org/wiki/Neon
“ Neon is produced from air”
LOL!
We're going to have to start fractionally distilling our own air again.
I should start a business. I could call it the "British Oxygen Company"...
The other people in this small industry will increase production if Ukraine goes off line…
Govt could provide financial guarantees to help but “out of money!” so private sector will figure it out themselves.,,
Here Apple Pay and google pay shut down in Russia but Putin still making people pay to ride subway…
https://twitter.com/jason_corcoran/status/1498343208094478354?s=21
https://www.marketwatch.com/press-release/global-neon-gas-market-size-2022-future-growth-share-new-investments-in-depth-survey-industry-demand-key-player-opportunities-status-and-forecast-2022-02-23
“The worldwide market for Neon Gas is expected to grow at a CAGR of roughly 4.3% over the next five years, will reach 48 million USD in 2024, from 37 million USD in 2019.“
It’s a nothing industry…
Now oil and gas though….
We would have to euthanize the climate nutters….
Why limit yourself to just oxygen?
I feel the same way about the anti science nutters
Trouble is that the anti-science nutters are the ones that write all the scientific papers.
An approach pioneered in economics.
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