April 20, 2022
CERATIZIT operates in Russia and Ukraine exclusively through a sales company or distributors and does not produce locally. However, in solidarity with Ukraine and in accordance with international sanctions, business in Russia is currently on hold.
CERATIZIT does not purchase any raw materials from Ukraine or Russia whose supply cannot be ensured through other channels.
With the Group' s centralized logistics centre in Kempten, Germany, optimised logistics routes to Asia, as well as an international production network which allows local production if necessary, CERATIZIT is currently not affected by logistics problems.
As one of only a few companies in the industry, CERATIZIT covers the entire production chain from raw material extraction and preparation to production and recycling completely internally. In combination with our worldwide production network, we are able to compensate for shortfalls and to produce raw materials independently in both Europe and the USA in order to cover the supply of tungsten carbide and cobalt exclusively via the USA if necessary. Similarly, in Asia, we have a fully integrated and independent supply chain through our joint venture CB-CERATIZIT. Additional security against shortages of tungsten and cobalt is provided by the fact that we can cover our needs sustainably and completely self-sufficiently from scrap.
As a result of our ongoing due diligence, CERATIZIT has built up larger material stocks with additional buffers for all those processes that are essential to safeguard our operations. However, we continue to monitor the situation in order to keep an eye on the risks arising from the war and to mitigate potential risks as soon as possible.
Whilst we face the same challenges as many others, we are able to continue our carbide production largely independently of suppliers, thanks to our high degree of vertical integration from raw material to finished product.