Force Majeure in der . In line with the Vietnamese governments social distancing measures, from now on, the production capacity of the Groups cloth production base in Tay Ninh Province, Vietnam will be operated at approximately 30% of its normal production capacity, and the garment factory in Tay Ninh Province, Vietnam will suspend operations while in Vietnam The production capacity of the garment factory in Ho Chi Minh City will operate at approximately 33% of the normal production capacity. August 18th, 2021. Rose Tree Corporate Center Force Majeure Hits Construction and Consumer Market Hard - LinkedIn Force Majeure. The company has not given a timetable for resuming production. It has not yet given a timetable for resuming production. LyondellBasell Propylene Oxide & Derivatives - Force Majeure Event Dow regrets this situation and thanks you for your continued patience during this difficult period. Buffett Will Beat theMarket asRecession Looms, Investors Say, Rivians Troubles Dont End at a 93% Wipeout, First Republics Jumbo Mortgages Brought On Banks Failure, Asia Stocks Set for Mixed Start as Treasuries Drop: Markets Wrap, Yellen Warns Congress Treasury May Run Out of Cash Soon as June. The purpose of this letter is to advise that, due to circumstances beyond the reasonable. 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. 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. Suite 302 Copied. Related news. The floods affected the infrastructure for the transportation of Naphtha, a key raw material. Staff. [contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 . Your allocation volume will be communicated to you by your account manager as soon as possible. Browse images and videos of the markets and communities Dow does business in, as well as its philantrhopic efforts. 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. ", **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. Note! These Chemical Giants Will Raise Prices Since April 1st, 2021 Silicon metal output disrupted amid electricity curbs in China, Chemicals firms declare force majeure on silicone products. Prior to the force majeure, styrene margins were the same old lackluster due to high benzene and just too much styrene capacity running full. und CFO Andreas Ptz (Foto: Surteco) Das Minuszeichen prgt den Geschftsbericht des Folien- und Profilherstellers Surteco (Buttenwiesen-Pfaffenhofen) fr das vergangene Jahr: Beim Umsatz gab es ein Minus von 1 Prozent auf 748 Mio EUR, beim . Herma: Schwierige Beschaffungslage bei Rohstoffen Die weltweite Konjunkturschwche hat Dow Chemical (Midland, Michigan / USA) in die Verlustzone gedrckt. 25 Feb 2021 | 23:13 UTC; Houston; . [contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 DOW Force Majeure Notice. Feb 24th, 2021 - Greenchem Industries Dow Removes FM on MDI Products - Everchem Specialty Chemicals 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 ("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 Mixtures. Re: Notice of Force Majeure for Dow Propylene Oxide. Copyright Dow (1995-2023). What's wrong?Dow, BASF and other manufacturers have declared force Speak with ICIS. Journalist: Li Hua. Mark Renders/Getty Images/Thinkstock. Bayport is a big styrene monomer facility at over . Overnight on Wall Street is daytime in Asia. DOW Force Majeure Notice. Schtz: Mehr Kapazitten zur Fass- und Kanisterproduktion in Irland 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. DOW Notice of Force Majeure for North America. Feb 24th, 2021 **OxyChem: Declared Feb. 15 on US chlorine, caustic soda, EDC, vinyl chloride monomer and polyvinyl chloride. Many chemical companies such as Dow, LyondellBasell and Covestro have encountered force majeure! Textile giant announced some factories to stop production and reduce production. Notification: Force majeure of Dow Polyurethanes MDI products lifted in North America. control of The Dow Chemical Company ("Dow"), Dow is unable to supply you with the. If you are a member of the press, you can request information directly from our press contacts team. Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. The company has not yet given a specific response to resume production. This situation is due to extreme weather conditions that resulted in temperatures below freezing at Dow's St. Charles, Louisiana operations (the . Factbox: More declarations of force majeure for polymers in Laura's The shortage in silicon metal, sparked by a production cut in China, has sent prices up 300% in less than two months. GreenChem furthers our Go Green initiative. 16 Feb 2021 | 22:56 UTC; Houston; . 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 . 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. Gazprom's PE device undergoes 30-day maintenance. 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. May 27, 2015. Recently, Dow's 340,000-ton/year MDI device in Texas, USA was interrupted due to an unexpected mechanical failure of the raw material supplier. The track connections of the factories and some of the infrastructure for the production of PVC and VCM (vinyl chloride) are also affected. . Dow: The supply of the 340,000-ton/year MDI device in Texas, USA was interrupted due to unexpected mechanical failures by . 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. "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. 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. Stellen hohe Anforderungen an das Substrat: Gefahrgut-Etiketten (Foto: Herma) Aufgrund von Preiserhhungen in Folge teilweise drastisch verteuerter Rohstoffe hat der Etiketten-Spezialist Herma (Filderstadt) den Umsatz im vergangenen Jahr um 19,2 Prozent auf 510,6 Mio EUR gesteigert. Great Place to Work and FORTUNE recognize Dow for 3rd consecutive year among 100 Best Companies to Work For. This resumption of supply is entirely contingent on a . Re: Notice of Force Majeure for Dow Propylene Oxide. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. BASF, Dow Chemical Co. and other companies that supply foam producers with chemicals have declared force majeure, circumstances beyond companies' control that prevent them from meeting their . The status of the device has not been announced so far. The Dow Chemical Company whose primary place of business is at 2030 Building, . In addition, the force majeure of MDI originally announced on February 17 this year still exists. Published date: 09 September 2021. Evonik catalyst FM a concern for EU biodiesel output Spezialisiert auf Ummantelungen aus Kunststoff hat Reiku mit rund 60 Mitarbeitern im vergangenen Jahr einen Umsatz von 14 Mio EUR erzielt. Hydrogen Finally Getting Its Day. ECHEMI 2021-07-30. Many chemical companies such as Dow, LyondellBasell and Covestro have Pinnacle Polymers declared force majeure for PP made at its plant in Garyville, La., just outside of New Orleans. 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). All rights reserved. **Formosa Plastics USA: Entire Point Comfort, Texas, complex, including three crackers with a cumulative capacity of 2.76 million mt/year; 875,000 mt/year of high density polyethylene; 400,000 mt/year of low density PE; 465,000 mt/year of linear low density PE; two PP units with combined capacity of 1.7 million mt/year; 798,000 mt/year of PVC; 1 million mt/year of caustic soda and 910,000 mt/year of chlorine; 753,000 mt/year of VCM; 1.478 million mt/year of EDC; and a cumulative 1.17 million mt/year of monoethylene glycol operated by sister company Nan Ya Plastics. Jump to. CDT 084. 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. 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. quantities of Glycol Ethers, including: Methyl Glycol Ethers, extending an existing force majeure. . Trademark of Dow or an affiliated company of Dow, [{"values":[{"value":"Portugus-Portuguese","languageCode":"pt-br","link":"javascript:void(0);"},{"value":"-Japanese","languageCode":"ja-jp","link":"javascript:void(0);"},{"value":"-Chinese","languageCode":"zh-cn","link":"javascript:void(0);"},{"value":"English","languageCode":"en-us","link":"javascript:void(0);"},{"value":"Espaol-Spanish","languageCode":"es-es","link":"javascript:void(0);"},{"value":"-Korean","languageCode":"ko-kr","link":"javascript:void(0);"}],"label":"BR","default":"pt-br"},{"values":[{"value":"Portugus-Portuguese","languageCode":"pt-br","link":"javascript:void(0);"},{"value":"-Japanese","languageCode":"ja-jp","link":"javascript:void(0);"},{"value":"-Chinese","languageCode":"zh-cn","link":"javascript:void(0);"},{"value":"English","languageCode":"en-us","link":"javascript:void(0);"},{"value":"Espaol-Spanish","languageCode":"es-es","link":"javascript:void(0);"},{"value":"-Korean","languageCode":"ko-kr","link":"javascript:void(0);"}],"label":"JP","default":"ja-jp"},{"values":[{"value":"Portugus-Portuguese","languageCode":"pt-br","link":"javascript:void(0);"},{"value":"-Japanese","languageCode":"ja-jp","link":"javascript:void(0);"},{"value":"-Chinese","languageCode":"zh-cn","link":"javascript:void(0);"},{"value":"English","languageCode":"en-us","link":"javascript:void(0);"},{"value":"Espaol-Spanish","languageCode":"es-es","link":"javascript:void(0);"},{"value":"-Korean","languageCode":"ko-kr","link":"javascript:void(0);"}],"label":"CN","default":"zh-cn"},{"values":[{"value":"Portugus-Portuguese","languageCode":"pt-br","link":"javascript:void(0);"},{"value":"-Japanese","languageCode":"ja-jp","link":"javascript:void(0);"},{"value":"-Chinese","languageCode":"zh-cn","link":"javascript:void(0);"},{"value":"English","languageCode":"en-us","link":"javascript:void(0);"},{"value":"Espaol-Spanish","languageCode":"es-es","link":"javascript:void(0);"},{"value":"-Korean","languageCode":"ko-kr","link":"javascript:void(0);"}],"label":"US","default":"en-us"},{"values":[{"value":"Portugus-Portuguese","languageCode":"pt-br","link":"javascript:void(0);"},{"value":"-Japanese","languageCode":"ja-jp","link":"javascript:void(0);"},{"value":"-Chinese","languageCode":"zh-cn","link":"javascript:void(0);"},{"value":"English","languageCode":"en-us","link":"javascript:void(0);"},{"value":"Espaol-Spanish","languageCode":"es-es","link":"javascript:void(0);"},{"value":"-Korean","languageCode":"ko-kr","link":"javascript:void(0);"}],"label":"ES","default":"es-es"},{"values":[{"value":"Portugus-Portuguese","languageCode":"pt-br","link":"javascript:void(0);"},{"value":"-Japanese","languageCode":"ja-jp","link":"javascript:void(0);"},{"value":"-Chinese","languageCode":"zh-cn","link":"javascript:void(0);"},{"value":"English","languageCode":"en-us","link":"javascript:void(0);"},{"value":"Espaol-Spanish","languageCode":"es-es","link":"javascript:void(0);"},{"value":"-Korean","languageCode":"ko-kr","link":"javascript:void(0);"}],"label":"KR","default":"ko-kr"}], If you are using Internet Explorer (IE), please switch to another browser for the best visual experience. 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. Mrz 2023 gehrt Roman Billiani, CEO Business Unit Food & Specialities beim Kartonverpackungshersteller MM Packaging (Wien / sterreich), mit zum Fhrungsteam. HOUSTON (ICIS)-US methylene diphenyl diisocyanate (MDI) supplies are facing further tightening amid shortages of precursors used in isocyanate production. Wanhua, Dow and other giants all issued price increases! . DOW Notice of Force Majeure. - Greenchem Industries According to foreign media reports, LyondellBasells 1.5 million tons/year cracking furnace in Texas was closed in the last week of June. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. (an "Event of Force Majeure"). **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. 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. . Herma: Schwierige Beschaffungslage bei Rohstoffen. 2021. Our editors and experts share insights and analyses about energy and commodity markets worldwide. One after another force majeure of the chemical giants!These chemical Affected by this, Dow's propylene glycol supply declared force majeure, recovery time Follow-up notice! INSIGHT: Winter outages exacerbate tightness in the US PE markets 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. Lyondell Basel's 1.5 million tons cracking plant quickly went offline after a short restart. Covestro and Brunsbitt have issued force majeure statements. Fr eine nicht genannte Summe hat der Automobilzulieferer Delfingen (Anteuil / Frankreich) 85 Prozent der Anteile des deutlich kleineren Mitbewerbers Reiku Kabelschutzsysteme (Wiehl-Bomig) bernommen. ** 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 . Your allocation volume will be communicated to you by your account manager as soon as possible. Pursuant to the terms of the applicable Contract, Dow is excused from performance during the term of this Force Majeure event. . Please use the button below and we will bring you back here when complete. Covestros 320,000-ton/year MDI device in Texas, USA and the 420,000-ton/year MDI device in Brunsbet, Germany both issued force majeure declarations in July. Gazprom Neftekhim Salavat is repairing low-density polyethylene (LDPE) and high-density polyethylene (HDPE) plants, and the shutdown period will last 30 days. Ethyl Glycol Ethers. We intend to keep you informed as new information becomes available.Click here to read the official letter.Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you. Apr 24, 2023. Dow is using all commercially reasonable means to address this situation and hopes to be in a position to resume Propylene Oxide supply soon. The purpose of this letter is to advise that, due to circumstances beyond the reasonablecontrol of The Dow Chemical Company (Dow), Dow is unable to supply you with thequantities of Glycol Ethers, including: Methyl Glycol Ethers, extending an existing force majeure Ethyl Glycol Ethers Butyl Glycol Ethersprovided in the applicable Sales Contract or Purchase Order (Contract). ), AkzoNobel Announces Paint the Future Collaborations, ECHEMI Overseas Buyers Opinions on Chinese Suppliers and Industry Development, Sino-US Symposium on Natural Health Products. 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. 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). 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. For more information about our use of cookies, please view our Privacy Policy. as provided in the applicable sales agreement or purchase order ("Contract"). Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher. 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. However, no official announcement has been done by Dow yet, nevertheless the turnaround might come into effect soon in USA.
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