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The worlds biggest maker of condoms warned of a global shortage as supply falls by almost 50% while its stockpile is set to last for just another two months.
Malaysia-based Karex Bhd., which makes one out of every five condoms worldwide, only restarted its factories on Friday after a week-long closure, working with just half its workforce to comply with a lockdown that the country imposed to contain the spread of the coronavirus. The company said condoms are mainly made in China and India, which are both heavily impacted by the pandemic.
Meanwhile, demand is growing at double digits as governments around the world issue stay-at-home notices and many people abstain from having children due to the uncertain future, said Goh Miah Kiat, group chief executive officer at Karex.
The company produces for brands like Durex as well as its own line of specialty condoms such as Durian-flavored ones. It churns out more than 5 billion condoms a year and exports them to more than 140 countries. That has become more challenging as governments shut borders and airlines cancel flights.
https://www.bloomberg.com/news/articles/2020-03-28/the-world-could-be-running-out-of-condoms-because-of-pandemic?utm_medium=social&utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&utm_source=twitter&utm_content=business&utm_content=asia&utm_medium=social&utm_source=twitter&cmpid%3D=socialflow-twitter-asia&utm_campaign=socialflow-organic
Captain Zero
(6,836 posts)Something like that.
Zambero
(8,974 posts)Last edited Fri Apr 3, 2020, 02:37 AM - Edit history (1)
BComplex
(8,073 posts)NanceGreggs
(27,820 posts)... just when the entire country is getting fucked by Trump and what passes for his administration - and I don't even want to think about where their dicks have been.