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News Wire / economy

Nexchem Faces High Costs Amid Hormuz Tensions

SBA Al-Ekhbariya Riyadh 7d7d Impact 7
Nexchem is facing challenges due to high fixed costs and declining revenues. The company reported that geopolitical issues in the Strait of Hormuz are causing supply chain disruptions.

Topics

Nexchem supply chain geopolitics

Developing

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Sources · 7 independent

SBA Al-Ekhbariya

“The fixed costs with declining revenues. Therefore, these fixed costs have taken a big hit for Nexchem during this high period due to the geopolitical problems occurring in the Hormuz region.”

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