UKRAINE PAINT SECTOR HARMED BY INVASION FROM RUSSIA, WHOSE PAINT AND COATING SECTOR PIVOTS TOWARDS STABILITY
August 22nd, 2023
The Ukraine and Russian paint and coating sectors have both experienced major change since Russian military forces invaded Ukraine last February (2022), but as with the war, Ukraine’s industry has suffered much tougher damage.
Indeed, all sectors of the victim country’s economy have been hit hard by Russian military attacks and economic disruption, but none more so than Ukraine’s vulnerable chemical-based industries. The war has resulting in a heavy toll on civilians, with 9,369 killed by July 31 (2023), said the UN.
Before the war, Ukraine’s paints, ...
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