on October 21, 2023
"Resumption of supply is entirely contingent on a successful startup, ability to load products, and the resumption of utility services at the sites," Dow's force majeure letter said. . Stay ahead of the rapidly changing energy and commodity markets with the latest news and insight from Argus. Dow: Two of three crackers in Terneuzen, the Netherlands, failed. The Electric Reliability Council of Texas authorized utilities to end rolling blackouts on Feb. 18, despite more than 40 GW of generation remaining offline as a result of the freeze. It is expected that Fibrant's operating rate will take several weeks to return to normal levels. The company said it had to curtail western hemisphere production on inability to receive natural gas, electricity, industrial gas, potable and firefighting water and other raw materials necessary to operate their plants. Your allocation volume will be communicated to you by your account manager as soon as possible. Herma: Schwierige Beschaffungslage bei Rohstoffen. Evonik last week told customers in a letter that 'unexpected technical issues' at its production . Hanwha of South Korea announced that its phthalic anhydride plant (the main raw material for plasticizers) in Ulsan, South Korea, has unexpectedly ceased production due to force majeure. The article you are searching for was not found. [contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 Force Majeure in der . Baytown, Texas, refining and chemical complex, including three crackers with a combined capacity of 3.8 million mt/year; TPC Group: Houston site . Wednesday, March 29, 2023. **LyondellBasell: Declared Feb. 15 on US polypropylene, **INEOS Olefins and Polymers USA: Declared Feb. 15 on polypropylene, **OQ Chemicals: Declared Feb. 15 on US oxo-alcohols, aldehydes, acids and esters produced at its Bat City, Texas, operations, **Formosa Plastics USA: 513,000 mt/year PVC, 653,000 mt/year VCM, Baton Rouge, Louisiana, **Total: 1.15 million mt/year PP, La Porte, Texas, **Lotte Chemical: 700,000 mt/year MEG, Lake Charles, Louisiana, **Sasol: 463,000 mt/year cracker, 380,000 mt/year EO/MEG, Lake Charles, Louisiana, **Braskem: 360,000 mt/year PP Freeport, Texas; 475,000 mt/year PP La Porte, Texas; 225,000 mt/year PP Seadrift, Texas, **ExxonMobil: Cumulative 1.53 million mt/year from three units, HDPE and LLDPE capacity, Mont Belvieu, Texas. BASF warns of ethylene oxide shortage after technical problems. Covestro and Brunsbitt have issued force majeure statements. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. Evonik catalyst FM a concern for EU biodiesel output Receive daily email alerts, subscriber notes & personalize your experience. Apr 24, 2023. Dow Chemical is solving this problem and hopes to resume normal supply soon. On May 3, Dow issued an emergency notice saying that due to the accident of a supplier of upstream raw materials, its ability to supply key raw materials to Dow's business was interrupted. 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West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. Live market coverage co-anchored from Hong Kong and New York. Many chemical companies such as Dow, LyondellBasell and Covestro have encountered force majeure! Re: Notice of Force Majeure for Dow Propylene Oxide. Dow is using all commercially reasonable means to address this situation and hopes to be in a position to resume ethyleneamines supply soon.Dow will allocate available product in a manner that is fair and reasonable. The facility had just resumed production on January 24, 2006. The company has not yet given a specific response to resume production. Delfingen: Franzosen bernehmen Reiku Kabelschutzsysteme Production interrupted ! Dow's European plant declares force majeure Dow Chemical likely to Announce Maintenance Turnaround on its MMA unit More than three-quarters of the U.S. Gulf of Mexico's offshore oil output remained shut following Ida. Media, PA 19063, Terms & Conditions Copyright 2023 Everchem Specialty Chemicals. Butyl Glycol Ethers. The track connections of the factories and some of the infrastructure for the production of PVC and VCM (vinyl chloride) are also affected. Vinnolit, a large European PVC producer, announced that due to the heavy rains on July 13 and 14, factories near Cologne are facing huge problems in the supply of raw materials. FACTBOX: More force majeures, shutdowns emerge from US Gulf Coast A metal made from the second-most abundant element on Earth has become scarce, threatening everything from car parts to computer chips and throwing up another hurdle for the world economy. Dear CUSTOMER: The purpose of this letter is to advise you that, due to circumstances beyond the reasonable control of The Dow Chemical Company ("Dow"), Dow is unable to supply you with the quantities of Propylene Oxide as provided in the applicable sales agreement or purchase order . 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Privacy Policy |Terms of Sale|Terms and Conditions, CPHI is the premier annual convention that unites players in the pharmaceutical industry from across, Effective May 1, 2023; ExxonMobil will increase its prices for the following products: All grades, Effective April 29, 2023; CITGO Petroleum Corporation will increase its price for the following products:, Effective April 7, 2023; Lyonellbasell will increase its price for the following products: Isopropyl Alcohol, Effective April 1, 2023; Monument Chemical will increase its prices for the following products: DPM, Effective April 1, 2023; Monument Chemical will increase its price for the following product: Isopropyl, As a company, we are always looking for ways to Go Green, improve our sustainability, Effective March 15, 2023; The Dow Chemical Company will increase its prices for the following, Effective March 16, 2023; Monument Chemical will increase its price for the following product: Isopropyl, Effective March 9, 2023; ExxonMobil Product Solutions Company will increase its prices for the following, Subscribe for exclusive offers and updates on new arrivals, 222 Clematis Street, Suite 207 West Palm Beach, FL 33401, CPHI 2023; UNLOCKING THE FULL POTENTIAL OF THE PHARMACEUTICAL INDUSTRY, Lyondellbasell Price Increases, April 7, 2023, Monument Chemical Price Increases, April 1, 2023. 2023 Argus Media group. Fr das erste Quartal 2023 meldete der Ifo-Institut: Geschftsklima hellt sich weiter auf . Gazprom Neftekhim Salavat is repairing low-density polyethylene (LDPE) and high-density polyethylene (HDPE) plants, and the shutdown period will last 30 days. Force Majeure - Everchem Specialty Chemicals Shell declares force majeure on Gulf deliveries after Ida hit Read and listen to the latest blog posts and podcasts for your market and region. **Olin: Declared Feb. 16 on US chlorine, caustic soda, ethylene dichloride, epoxy, hydrochloric acid and other products produced at its Freeport, Texas, complex. Market sources also said restarts were expected to be gradual, as inspections could be lengthy given the need to assess any leaks or cracks in pipes, and they need full power restoration to conduct those inspections. Newswire. More petrochemical force majeures and plant shutdowns emerged Feb. 18 as the US Gulf Coast continued grappling with a deep freeze that brought the coldest sustained temperatures seen in the region in more than a century. What's wrong?Dow, BASF and other manufacturers have declared force Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. ADI Chemical Market Resources Newsletter <br>June 26, 2006 . Recently, driven by the increase in crude oil prices, force majeure of styrene plants in Europe and the United States due to extreme cold weather, and centralized maintenance of the plants, many major manufacturers have issued price increases. . Gazprom's PE device undergoes 30-day maintenance. [contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 In addition, it is worth noting that Tosoh Ruians 80,000-ton/year MDI plant will be overhauled in early August, which is expected to be 25-30 days. Westlake Chemical: Force majeure declared on Aug. 31 on all North American PVC and VCM. Dow had previously declared force majeure on all grades of polyethylene produced in Europe. Pursuant to the terms of your applicable Sales Contract, Dow is excused from performance during the term of this Force Majeure event. INSIGHT: Winter outages exacerbate tightness in the US PE markets
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