Staff. The shortage in silicon metal, sparked by a production cut in China, has sent prices up 300% in less than two months. German chemical firm Evonik has declared force majeure on deliveries of sodium methylate solution - a catalyst used to produce biodiesel - last week, adding to market concerns about the fuel's availability in Europe. At present, the company has expanded the upgrade stage and announced that its entire PE production in Europe has encountered force majeure. as provided in the applicable sales agreement or purchase order ("Contract"). . Dow regrets this situation and thanks you for your continued patience during this difficult period.We intend to keep you informed as new information becomes available. Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information. Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 ), AkzoNobel Announces Paint the Future Collaborations, ECHEMI Overseas Buyers Opinions on Chinese Suppliers and Industry Development, Sino-US Symposium on Natural Health Products. 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. Pinnacle Polymers declared force majeure for PP made at its plant in Garyville, La., just outside of New Orleans. GreenChem furthers our Go Green initiative. The purpose of this letter is to advise that, due to circumstances beyond the reasonable control of The Dow Chemical Company (Dow), Dow is unable to supply you with the quantities of products listed below: Butyl CELLOSOLVE Solvent (EB) Butyl CARBITOL Solvent (DB) Methoxytriglycol (MTG) Methoxpolyglycol (MPG) Methyl CARBITOL Solvent CARBITOL Solvent (DE)as provided in the applicable sales agreement or purchase order (Contract). FORCE MAJEURES ** Dow Chemical: Declared Feb. 19, on 2-ethylhexanol and butanol products from its Texas City, Texas complex . Herma: Schwierige Beschaffungslage bei Rohstoffen. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. Feb 24th, 2021. BP's unexpected transaction: involving 4 Chinese factories, Reed Exhibitions cancels 2020 in-cosmetics Global, Seven Reasons why doesn't the ocean freeze, The export volume of cosmetics in December was 428.3 million US dollars, What are the best borehole water treatment chemicals, Policies guide the healthy development ofhealth food industry, Fluid, Electrolyte, and Acid-base Balance, View all products of Market Price & Insight, Trade Alert - Delivering the latest product trends and industry news straight to your inbox. 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. Privacy Policy |Terms of Sale|Terms and Conditions, 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, Effective November 5, 2022, Citgo Petroleum Corporation will advance off-list prices on Toluene and Xylene, Subscribe for exclusive offers and updates on new arrivals, 222 Clematis Street, Suite 207 West Palm Beach, FL 33401, Lyondellbasell Price Increases, April 7, 2023, Monument Chemical Price Increases, April 1, 2023. **Olin: Freeport, Texas complex, with 3 million mt/year of caustic soda and 2.73 million mt/year of chlorine capacity; 748,000 mt/year of EDC, **OxyChem: Ingleside, Texas, 544,000 mt/year cracker; 248,000 mt/year chlor-alkali; 680,000 mt/year EDC; Deer Park and Pasadena, Texas, 1.27 million mt in PVC capacity; 1.79 million mt/year of VCM capacity; 580,000 mt/year chlor-alkali, **Shintech: Freeport, Texas: 1.45 million mt/year PVC. February 24, 2021 ; Product News; Share This Article: The purpose of this letter is to advise that, due to circumstances beyond the reasonable control of The Dow Chemical Company ("Dow"), Dow is unable to supply you with the quantities of products listed below: - Butyl CELLOSOLVE Solvent (EB) 2023 by S&P Global Inc. All rights reserved. Live market coverage co-anchored from Hong Kong and New York. Formosa Plastics USA declared force majeure Feb. 17 on chlor-alkali products, including chlorine and caustic soda, while Dow Chemical declared Feb. 18 on numerous intermediate chemicals, including vinyl acetate monomer and, methyl methacrylate at sites in Texas, Louisiana and Kentucky. 81-64-1, Delivering the latest product trends and industry news straight to your inbox. Dow had previously declared force majeure on all grades of polyethylene produced in Europe. If you are a member of the press, you can request information directly from our press contacts team. Fr das erste Quartal 2023 meldete der Ifo-Institut: Geschftsklima hellt sich weiter auf . According to the latest news, BASF announced that the . Prior to the force majeure, styrene margins were the same old lackluster due to high benzene and just too much styrene capacity running full. Sasol: Force majeure declared Aug. 31 on all North American polyethylene, including all LLDPE and HDPE grades. Copyright Dow (1995-2023). Pursuant to the terms of your applicable Sales Contract, Dow is excused from performance during the term of this Force Majeure event. Nov 11, 2022. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. Apr 24, 2023. Fibrant announces force majeure of the company's Cyclohexanone and caprolactam. After that, the company lifted its force majeure on ethylene, polyethylene, propylene, and other co-products individually in February. 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. [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. ECHEMI 2021-07-30. Yourallocation volume will be communicated to you by your account manager as soon aspossible.Dow regrets this situation and thanks you for your continued patience during this difficultperiod. Neu im dvi-Vorstand: Roman Billiani (Foto: dvi) Im Vorstand des Deutschen Verpackungsinstituts (dvi, Berlin) hat es einen Wechsel gegeben: Seit der Mitgliederversammlung am 31. ECHEMI 2021-03-03. The negative impact on net income in the first quarter of 2006 was expected to be U.S. $20 - $25 million. In addition, the force majeure of MDI originally announced on February 17 this year still exists. Receive daily email alerts, subscriber notes & personalize your experience. Copied. Most force majeure clauses do not excuse a party's non-performance entirely but only suspend it for the duration of the force majeure. In addition, LyondellBasell has another 355,000-ton/year linear low-density polyethylene (LLDPE) plant that announced force majeure due to equipment failure on June 17. . Your allocation volume will be communicated to you by your account manager as soon as possible. Track your investments 24 hours a day, around the clock from around the world. ", **TPC Group: Houston site shut down, including 544,310 mt/year butadiene unit, when boilers lost steam, **Motiva Chemicals: Port Arthur, 635,000 mt/year mixed-feed cracker, **Shell: Deer Park, Texas, refining and chemical complex, including two crackers with a combined 961,000 mt/year of capacity, **Shell: Norco, Louisiana, refining and chemical complex, including two crackers with a combined capacity of 1.42 million mt/year, **Chevron Phillips Chemical: Pasadena, Texas, 998,000 mt/year HDPE, **US spot ethylene prices climbed 0.75 cents/lb to 41.75 cents/lb FD Mont Belvieu and 40.75 cents/lb FD Choctaw, building on earlier gains on cracker shutdowns, **VAM prices rose 1.13 cents/lb week on week Feb. 18, its highest level since August 2018, as Dow and Celanese each included VAM in force majeure declarations, **US polymer prices held steady amid muted activity amid power outages, **Houston Ship Channel: shut mid-afternoon Feb. 14; reopened Feb. 16 until late afternoon; reopened morning of Feb. 17 until evening; reopened morning Feb. 18; fog expected the week of Feb. 22 as temperatures rise, **Sabine Pass: port shut mid-afternoon Feb. 14, resumed inbound traffic midday Feb. 16, shut Feb. 17, reopened Feb. 18, **Corpus Christi: port shut Feb. 14, resumed boarding vessels Feb. 16 until late evening when shut again per weather; resumed boarding midday Feb. 17; closed Feb. 18 due to fog. September 17, 2021 at 12:22 am. . Therefore, LyondellBasell really declared force majeure on products such as tert-butyl acetate and ethylene glycol ether acetate (EBA, DBA) on April 22. Under the extremely cold storm in the United States, the world's large oil refinery collective closed, plastic chemical industry market capacity decreased dramatically, Formosa plastics America, dow chemical, celanese, ineos, the chemical giant announced the closure of force majeure, such as dupont, DSM, families and strong chemical companies . Customer letters about the force majeures from both companies noted that impacts beyond the cold include ability to access truck and rail transportation to move products as well as restoration of electric power. However, as the overhaul of Wanhua Yantai's equipment is coming to an end and domestic supply is supplemented, the domestic MDI market may go down, but the decline is limited. The track connections of the factories and some of the infrastructure for the production of PVC and VCM (vinyl chloride) are also affected. Evonik last week told customers in a letter that 'unexpected technical issues' at its production . Dow has approximately 847,000t/yr of LLDPE/HDPE swing capacity at the site, located near its Taft, Louisiana . **OxyChem: Declared Feb. 15 on US chlorine, caustic soda, EDC, vinyl chloride monomer and polyvinyl chloride. 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. Dow regrets this situation and thanks you for your continued patience during this difficult period. **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. Die weltweite Konjunkturschwche hat Dow Chemical (Midland, Michigan / USA) in die Verlustzone gedrckt. At the beginning of 2021, Dow has experienced force majeure, which will have a certain impact on the supply of ethylene oxide, polyether polyols, and the chemical market, and will also bring a certain degree of panic. AnQore announces force majeure of the company's Acrylonitrile. All Rights Reserved. Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event. Hydrogen Finally Getting Its Day. The current shutdown date is undetermined. . 31-Jan-2022 2:02 PM. Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you. Force Majeure. 16 Feb 2021 | 22:56 UTC; Houston; . Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event.This situation is due to extreme weather conditions that resulted in temperatures below freezing at Dows St. Charles, Louisiana operations (the Site), which have resulted in an involuntary unplanned shutdown. Dow Chemical is solving this problem and hopes to resume normal supply soon. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. We intend to keep you informed as new information becomes available.Click here to see the official announcement. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. 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 (Contract). Per the previous letter dated February 16, 2021, Lyondell Chemical Company declared a force majeure event for all products within our Americas Propylene Oxide & Derivatives Portfolio - Propylene Oxide,Propylene-Glycols, Allyl Alcohol, Butanediol & Derivatives, Propylene-Series Glycol Ethers and Propylene-Specialties Glycol Ethers, effective February 16. Force majeure Dow Orange, Texas Site shutdown . We intend to keep you informed as new information becomes available. The floods affected the infrastructure for the transportation of Naphtha, a key raw material. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. South Korea's Hanwha phthalic anhydride plant shuts down. 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. Everchem Specialty Chemicals By clicking the Accept button below, you are consenting to receive and store cookies from our site. Newswire. Fr eine nicht genannte Summe hat der Automobilzulieferer Delfingen (Anteuil / Frankreich) 85 Prozent der Anteile des deutlich kleineren Mitbewerbers Reiku Kabelschutzsysteme (Wiehl-Bomig) bernommen. The notice shows that the allocation is based on the average monthly purchases of customers over the past 6 months (October 2021-March 2022), which will be effective from May 1, 2022. AnQore, the world's leading producer of acrylonitrile/hydrocyanic acid, announced force majeure for acrylonitrile at its Geleen plant in the Netherlands. **Dow Chemical: Declared Feb. 18 on multiple intermediate chemicals produced at plants in Deer Park, Freeport, Texas City and Bayport Texas, Hahnville, Louisiana, and Louisville, Kentucky; declaration includes vinyl acetate monomer (VAM), methyl methacrylate (MMA), glacial methacrylic acid (GMAA), butyl methacrylate (BMA), glycidyl methacrylate (GMA), 2-ethylhexyl Acrylate (2EHA), butyl acrylate (BA), and others; Dow informed South American customers, **Celanese: Declared force majeure Feb. 18 on multiple intermediate chemicals normally sold to customers in the US, Europe and the Middle East, including acetic acid, VAM, ethyl acetate and ethylene vinyl acetate (EVA), **Total: Declared Feb. 17 on polypropylene produced at its 1.15 million mt/year La Porte, Texas, facility, **Formosa Plastics USA: Declared Feb. 17 on all chlor-alkali products, **LyondellBasell: Declared Feb. 15 on US polyethylene, **Flint Hills Resources: Declared Feb. 15 on polypropylene produced at Longview, Texas. More than three-quarters of the U.S. Gulf of Mexico's offshore oil output remained shut following Ida. Related news. Wanhua, Dow and other giants all issued price increases! Published as WO 01/62822 on 30 Aug 2001 : Country : Sub : 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. . Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event. By subscribing, you can get the latest Dow news and information delivered straight to your inbox. 9/9/2021. Jump to. 19-Feb-2021. Rose Tree Corporate Center To continue reading you must login or register with us. DOW Force Majeure Notice. Bayport is a big styrene monomer facility at over . All rights reserved. Web Design by Media Proper, Covestro Earnings Call Urethane Highlights, Urethane Highlights from Dows Investor Call. Published date: 09 September 2021. BMW M Introduces 650-hp i7 M70 xDrive Sedan. Wie das Unternehmen mitteilte, wurden die ersten Infrastrukturarbeiten - zu denen etwa das Verlegen von unterirdischen Rohrleitungen . CDT 084. Houston Petrochemical producers were shutting down plants and some declared force majeure on products they make as a historic deep freeze enveloped the US . The purpose of this letter is to advise that, due to circumstances beyond the reasonable control of The Dow Chemical Company and/or its Affiliates (Dow), Dow is unable to supply the quantities of products listedbelow: 2-Ethylhexyl Acrylate (2EHA), Butyl Acrylate (BA), Glacial Acrylic Acid (GAA), Methyl Acrylate (MA), Ethyl Acrylate (EA) Methyl Methacrylate (MMA), Glacial Methacrylic Acid (GMAA), Butyl Methacrylate (BMA), Glycidyl Methacrylate (GMA) ROCRYL 400 Hydroxy Ethyl Methacrylate (HEMA), ROCRYL 410 Hydroxy Propyl Methacrylate (HPMA), ROCRYL 420 Hydroxy Ethyl Acrylate (HEA), ROCRYL 430 Hydroxy Propyl Acrylate (HPA) Vinyl Acetate Monomer (VAM)This situation is due to extreme weather conditions that resulted in temperatures below freezing at Dows Deer Park, St. Charles, Texas City, Freeport, Bayport and Louisville operations (the Sites) , which haveresulted in either involuntary unplanned shutdowns, the inability to load product, or the extension of ongoing outages. Power was slowly being restored, though outages could persist because of damage to the distribution system or the need to restore power manually rather than by remote switching. Dow is using all commercially reasonable means to address this situation and hopes to be in a position to resume product supply as soon as possible. Tosoh Ruians 80,000-ton/year MDI plant was overhauled in early August. Media, PA 19063, Terms & Conditions Copyright 2023 Everchem Specialty Chemicals. 5:03. 25 Feb 2021 | 23:13 UTC; Houston; . aluminium processing plant in Komarom, Hungary. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. Das Duo an der Spitze: CEO Wolfgang Moyses (li.) 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. This website uses cookies to provide you the best experience. Read and listen to the latest blog posts and podcasts for your market and region. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. **Indorama Ventures: Port Neches, Texas, 235,867 mt/year cracker, 1 million mt/year ethylene oxide/monoethylene glycol unit, 238,135 mt/year propylene oxide unit, and 988,000 mt/year of MTBE capacity; Clear Lake, Texas, 435,000 mt/year EO, 358,000 mt/year MEG. Your allocation volume will be communicated to you by your account manager as soon as possible.Dow regrets this situation and thanks you for your continued patience during this difficult period. Recently, Dow Chemical Europe Ltd. declared force majeure, effective immediately. Covestro and Brunsbitt have issued force majeure statements. Read blog articles and case studies about Dow's vision, ambitions and actions to help create a more sustainable, equitable world. Our editors and experts share insights and analyses about energy and commodity markets worldwide. Crazy' price hike! SABIC has previously announced the force majeure upgrade of LDPE in the Netherlands. However, no official announcement has been done by Dow yet, nevertheless the turnaround might come into effect soon in USA. Full story. Westlake Chemical: Force majeure declared on Aug. 31 on all North American PVC and VCM. GreenChem furthers our Go Green initiative. It is expected that Fibrant's operating rate will take several weeks to return to normal levels. Prior to this, Lyondell Basels letter to customers on July 16 stated that after the extreme weather struck by lightning on July 13th, Lyondell Basel closed the Quantum Chemicals 509,000-ton/year PP plant in Louisiana. Textile giant announced some factories to stop production and reduce production. The purpose of this letter is to advise that, due to circumstances beyond the reasonable control of The Dow Chemical Company (Dow), Dow is unable to supply you with the quantities of the following products:Alcohols: 2-Ethyl Hexanol, 2-Methyl Butanol, Butanol, Isobutanol, Isobutanol Mixtures, Primary Amyl Alcohol, Propanol, Propanol MixturesAcids: 2-Ethyl Hexanoic Acid, Isopentanoic Acid, Propionic Acid, Valeric AcidEsters: Butyl Acetate, Propyl Acetate, UCAR Ester EEP, UCAR N-Pentyl PropionateThis situation is due to extreme weather conditions that resulted in temperatures below freezing at Dows Texas City operations, which have resulted in an involuntary unplanned shutdown. Stay ahead of the rapidly changing energy and commodity markets with the latest news and insight from Argus. The reduction in the supply of raw materials caused Fibrant to also be forced to reduce production. For more information about our use of cookies, please view our Privacy Policy. The Garyville plant has annual PP production capacity of almost 950 million pounds. Browse images and videos of the markets and communities Dow does business in, as well as its philantrhopic efforts. . den Schtz 2021 mit der bernahme von Gem Plastics erwarb, fertigt das Unternehmen Kunststofffsser sowie verschiedene Kanisterserien. Gazprom Neftekhim Salavat is repairing low-density polyethylene (LDPE) and high-density polyethylene (HDPE) plants, and the shutdown period will last 30 days. Pursuant to the terms of the applicable Contract, Dow is excused from performance during the term of this Force Majeure event. Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. The purpose of this letter is to advise that, due to circumstances beyond the reasonable control of The Dow Chemical Company (Dow), Dow is unable to supply you with the quantities of products listed below: Diethylenetriamine (DETA) Ethylenediamine (EDA) Aminoethylethanolamine (AEEA) Piperazine 68%as provided in the applicable sales agreement or purchase order (Contract). 04-Jan-2021: WO : T : Published : ORD : PCTGB01/00 : 04-Jan-2001 : 04-Jan-2021 . It seems that the extreme shortage of polyurethane has caused serious damage to industries such as furniture and mattresses. According to German media reports, on December 17, Dow stated that it had formally written to its customers, stating that all grades of polyethylene products produced by Dow in Europe were caused by the failure of two of the company's three cracking units in Terneuzen, the Netherlands. Notification: Force majeure of Dow Polyurethanes MDI products lifted in North America. Silicon metal at the Alumetal Group Hungary Kft. Overnight on Wall Street is daytime in Asia. [contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 Der Polymerproduzent Ineos Olefins (London / Grobritannien) hat die zweite Phase seines Project One" genannten Bauvorhabens fr einen 4 Mrd EUR teuren Ethancracker im Hafen von Antwerpen eingelutet. Dow will allocate available product in a manner that is fair and reasonable. One, the chemical giants continue to force majeure. The status of the device has not been announced so far. The company has not given a timetable for resuming production. May 27, 2015. 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. (We'll never share your email address with a third-party. **Olin: Declared Feb. 16 on US chlorine, caustic soda, ethylene dichloride, epoxy, hydrochloric acid and other products produced at its Freeport, Texas, complex. A behind-the-scenes, deep-dive into the scandals and institutional collapses that impact our daily lives. This resumption of supply is entirely contingent on a successful start-up, ability to load products, and the resumption of utility services at the Sites.Dow will allocate available product in a manner that is fair and reasonable. Suite 302 **ExxonMobil: Baytown, Texas, refining and chemical complex, including three crackers with a combined capacity of 3.8 million mt/year; 800,000 mt/year PP, **ExxonMobil: Beaumont, Texas, refining and chemical complex, including an 826,000 mt/year cracker; 225,000 mt/year HDPE; 240,000 mt/year LDPE; 1.19 million mt/year LLDPE with some HDPE capacity, **Dow Chemical: Certain units offline within Dow sites along the US Gulf Coast, but the company did not specify. Fibrant, the main supplier of caprolactam in Europe, announced that the company's cyclohexanone and caprolactam were force majeure because its main raw material supplier had to cut production due to floods in Northwestern Europe. . Dow has been informed by one of its upstream raw material suppliers that that supplier has experienced an unplanned event impacting its ability to supply key raw materials to Dows Operations. Its free and easy to do. (an "Event of Force Majeure"). Re: Notice of Force Majeure for Dow Propylene Oxide. GreenChem furthers our Go Green initiative. Here is a rundown of confirmed fallout from the freeze: **Formosa Plastics USA: Declared Feb. 18 on PVC, 1.3 million mt/year of capacity at Point Comfort, Texas, and Baton Rouge, Louisiana, complexes. Royal Dutch Shell Plc, one of the largest operators in the Gulf of Mexico, declared force majeure on some oil deliveries due to damage from Hurricane Ida, which has crippled U.S. offshore oil production. Affected by this, Dow's propylene glycol supply has declared force majeure, and the recovery time will be notified later!
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