The Daily Beast
Tasos Katopodis / Getty Images The world’s largest condom producer is set to hike up its prices as President Donald Trump’s war in Iran drives up the cost of key materials. Karex, which produces more than 5 billion condoms a year and supplies major brands including Durex and Trojan—as well as public health systems like Britain’s NHS and United Nations programs—said prices could rise by up to 30 percent. Like other manufacturers reliant on petrochemical inputs, the company is facing rising costs for key materials, including synthetic rubber, nitrile, and packaging components as Trump’s war disrupts oil and gas flows and complicates procurement. Read more at The Daily Beast.
Go to News Site