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Tuesday, March 17, 2020

Firms get creative to tackle sanitizer, equipment shortages

As the coronavirus outbreak spreads across Europe, many companies are retooling production to combat a shortage of hand sanitizers.
Spirits maker Pernod Ricard (OTCPK:PDRDF) said it will supply alcohol to producers, luxury goods group LVMH (OTCPK:LVMHF) is altering perfume lines to produce sanitizing gel, while Poland’s biggest oil group Orlen is making the ingredient at a plant that normally manufactures windshield wiper fluid.
Britain has also asked Ford (NYSE:F), Honda (NYSE:HMC) and Rolls-Royce (OTCPK:RYCEF) to help make health equipment including ventilators to cope with COVID-19.

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