The problem is profitability. Anyones problem at current prices for silver halide products is profitability if you are a manufacturer.
All the films and papers out there are sold at very low prices considering the effort it takes to make them and the costs involved on the raw material side.
This is because the production capacities exceed the demand by far. So the remaining players compete heavily against each other and the consumers benefit from this situation on the cost of the manufacturers.
If efke was to invest in the repair of their gear now (which they could do, they have cash) the question arising is: will they ever get this money back from sales?
Their opinion on this is: No!
So they made a decision.
This is a very sad moment for us. We have started our business 20 years ago with the importing of efke into the western world and we will loose one of our main suppliers. Our sales of their products have gone up every year constantly reaching a record turnover this year.
When I have recovered from this shock in a few days the question will be how these products can possibly be replaced.
But donīt ask me tonight.