Westlake Chemical: Force majeure declared on Aug. 31 on all North American PVC and VCM. Herma: Schwierige Beschaffungslage bei Rohstoffen **Olin: Declared Feb. 16 on US chlorine, caustic soda, ethylene dichloride, epoxy, hydrochloric acid and other products produced at its Freeport, Texas, complex. 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. ", **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. Celanese also declared force majeure Feb. 18 on multiple chemicals, including VAM and acetic acid. 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. "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. control of The Dow Chemical Company ("Dow"), Dow is unable to supply you with the. Therefore, LyondellBasell really declared force majeure on products such as tert-butyl acetate and ethylene glycol ether acetate (EBA, DBA) on April 22. FACTBOX: More force majeures, shutdowns emerge from US Gulf Coast Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. **OxyChem: Declared Feb. 15 on US chlorine, caustic soda, EDC, vinyl chloride monomer and polyvinyl chloride. 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. 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 . May 27, 2015. At present, the company has expanded the upgrade stage and announced that its entire PE production in Europe has encountered force majeure. Our editors and experts share insights and analyses about energy and commodity markets worldwide. 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. Regarding the impact of the current epidemic on the actual production capacity of Vietnam's production bases, Shenzhou International expects to affect operations for 14 days, and the company's total annual production capacity of fabrics and clothing will drop by approximately 2% and 1%, respectively. In this weeks Market Movers Americas, presented by Wendy Dulaney: Texas grid operator to release FACTBOX: More force majeures, shutdowns emerge from US Gulf Coast petrochemical producers, US POWER TRACKER: Cheap gas, bearish weather may weaken Southeast US prices, Around the tracks: Automakers race to secure EV battery supplies. Dow declared force majeure on high density polyethylene (HDPE) and linear low density polyethylene (LLDPE) produced at its St Charles, Louisiana, facility this week in the aftermath of Hurricane Ida. Affected by this, Dow's propylene glycol supply declared force majeure, recovery time Follow-up notice! Commodity Prices and Essential Market Data, Upstream Cost Analysis Service First Quarter 2023 Update, S&P Global Commodity Insights East Africa Forum. 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. Force majeure Dow Orange, Texas Site shutdown . The facility had just resumed production on January 24, 2006. Tosoh Ruians 80,000-ton/year MDI plant was overhauled in early August. 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. Listen to this article. For the most part, Dow Chemical, ExxonMobil, and SABIC are companies with deep experience in planning and executing mega projects in the Middle East. Prior to the force majeure, styrene margins were the same old lackluster due to high benzene and just too much styrene capacity running full. Dow is using all commercially reasonable means to address this situation and hopes to be in a position to resume Propylene Oxide supply soon. Dow Chemical likely to Announce Maintenance Turnaround on its MMA unit BASF warns of ethylene oxide shortage after technical problems. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. GreenChem furthers our Go Green initiative. ADI Chemical Market Resources Newsletter <br>June 26, 2006 Press Releases | News & Media | Dow Corporate - Dow Chemical Company . 5:03. aluminium processing plant in Komarom, Hungary. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. Im Jahr 2021 wurden in Deutschland rund 17 Mrd PET-Getrnkeflaschen produziert: Dafr wurden rund 446.000 t PET verarbeitet; das sind annhernd 5 Prozent weniger als im Vergleichsjahr 2019. . If you do not accept the deployment of cookies or restrict them in any way, you will not be able to use all the interactive functions on our website. ** 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 . AnQore announces force majeure of the company's Acrylonitrile. Nov 11, 2022. Media, PA 19063, Terms & Conditions Copyright 2023 Everchem Specialty Chemicals. Pursuant to the terms of the applicable Contract, Dow is excused from performance during the term of this Force Majeure event. If you are a member of the press, you can request information directly from our press contacts team. After that, the company lifted its force majeure on ethylene, polyethylene, propylene, and other co-products individually in February. . Textile giant announced some factories to stop production and reduce production. Dow's Gulf Coast operations include a complex at Freeport, Texas, with three crackers able to produce a combined 3.2 million mt/year, two LDPE units with 552,000 mt/year and 186,000 mt/year HDPE; Dow's Seadrift, Texas, complex includes 490,000 mt/year LLDPE and 390,000 mt/year HDPE; Dow told South American customers in a letter dated Feb. 16 that the company was assessing impact on PE production capacity "and we know that our ability to supply various products could be affected. Newswire. SABIC has previously announced the force majeure upgrade of LDPE in the Netherlands. Dow/Lyondellbasell Declared Force Majeure! - GCI Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event. 25 Feb 2021 | 23:13 UTC; Houston; . 81-64-1, Delivering the latest product trends and industry news straight to your inbox. 2021. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. 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. Journalist: Li Hua. **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. . Live market coverage co-anchored from Hong Kong and New York. **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. It is expected that Fibrant's operating rate will take several weeks to return to normal levels. South Korea's Hanwha phthalic anhydride plant shuts down. Many chemical companies such as Dow, LyondellBasell and Covestro have . According to local news reports, the shutdown was due to insufficient supply of raw materials, and production had to be cut by about half. Dow and Covestro have recently declared force majeure at their US MDI plants while Huntsman is experiencing a partial shutdown at its MDI plant in Geismar, Louisiana, with all . 2023 Argus Media group. 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. Force Majeure Hits Construction and Consumer Market Hard - LinkedIn You exceeded the limit of bookmarked content(only 15 bookmarks are allowed).Please remove one of the bookmarks. Great Place to Work and FORTUNE recognize Dow for 3rd consecutive year among 100 Best Companies to Work For. BASF/Dow and Other Giants Suddenly Force Majeure - ECHEMI 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. According to foreign media reports, LyondellBasells 1.5 million tons/year cracking furnace in Texas was closed in the last week of June. The shortage in silicon metal, sparked by a production cut in China, has sent prices up 300% in less than two months. (We`ll never share your email address with a third-party.). Suite 302
Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. 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. 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. Dear Valued Customer: The Dow Chemical Company is lifting the force majeure we declared on September 30, 2020 with respect to all North American MDI products, including, but not limited to, the following products: 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. 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. 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. Production interrupted ! Dow's European plant declares force majeure Foam's force majeure - Furniture Today Schtz: Mehr Kapazitten zur Fass- und Kanisterproduktion in Irland Dow Chemical is solving this problem and hopes to resume normal supply soon. Recently, Dows 340,000-ton/year MDI device in Texas, USA was interrupted due to an unexpected mechanical failure of the raw material supplier. as provided in the applicable sales agreement or purchase order ("Contract"). DOW Notice of Force Majeure. - Greenchem Industries 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. 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. Force Majeure at Covestro's German Facility Likely to - LinkedIn Your allocation volume will be communicated to you by your account manager as soon as possible. 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). Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you. Full story. To continue reading you must login or register with us. Dow Removes FM on MDI Products - Everchem Specialty Chemicals ECHEMI 2021-03-03. 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. The reduction in the supply of raw materials caused Fibrant to also be forced to reduce production. Die weltweite Konjunkturschwche hat Dow Chemical (Midland, Michigan / USA) in die Verlustzone gedrckt. Silicon metal output disrupted amid electricity curbs in China, Chemicals firms declare force majeure on silicone products. Dow: The supply of the 340,000-ton/year MDI device in Texas, USA was interrupted due to unexpected mechanical failures by . *Curve comparison and historical data download, View all products of Market Price & Insight. Force Majeure in der . The chemical giant layoffs 'self-help', more than 10% of its European employees! Please use the button below and we will bring you back here when complete. Force Majeure. GreenChem furthers our Go Green initiative. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. Crazy' price hike! Wanhua, Dow and other giants all issued price 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. The purpose of this letter is to advise that, due to circumstances beyond the reasonable. Spezialisiert auf Ummantelungen aus Kunststoff hat Reiku mit rund 60 Mitarbeitern im vergangenen Jahr einen Umsatz von 14 Mio EUR erzielt. 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. Dow: Two of three crackers in Terneuzen, the Netherlands, failed. Influence. 9/9/2021. quantities of Glycol Ethers, including: Methyl Glycol Ethers, extending an existing force majeure. In addition to the above two big players, Americas Styrenics (AmSty), a major North American polystyrene producer, said recently that it is conducting a distribution process for its polystyrene products in light of recent . (We'll never share your email address with a third-party. UPDATE 1-Dow declares force majeure on 2 chemicals [contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 . For more information about our use of cookies, please view our Privacy Policy. Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event. The Dow Chemical Company whose primary place of business is at 2030 Building, . BASF warns of ethylene oxide shortage after technical problems Dow has approximately 847,000t/yr of LLDPE/HDPE swing capacity at the site, located near its Taft, Louisiana . Re: Notice of Force Majeure for Dow Propylene Oxide. Gazprom's PE device undergoes 30-day maintenance. AnQore, the world's leading producer of acrylonitrile/hydrocyanic acid, announced force majeure for acrylonitrile at its Geleen plant in the Netherlands. 19-Feb-2021. By clicking the Accept button below, you are consenting to receive and store cookies from our site. Browse images and videos of the markets and communities Dow does business in, as well as its philantrhopic efforts. Apr 24, 2023. Dow is using all commercially reasonable means to address thissituation and hopes to be in a position to resume Glycol Ethers supply soon.Dow will allocate available product in a manner that is fair and reasonable. The negative impact on net income in the first quarter of 2006 was expected to be U.S. $20 - $25 million. Copyright Dow (1995-2023). GreenChem furthers our Go Green initiative. Feb 24th, 2021. ADI Chemical Market Resources Newsletter <br>May 15, 2006 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 had previously declared force majeure on all grades of polyethylene produced in Europe. den Schtz 2021 mit der bernahme von Gem Plastics erwarb, fertigt das Unternehmen Kunststofffsser sowie verschiedene Kanisterserien. Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information. 31-Jan-2022 2:02 PM. Dow: Chemiegigant rutscht in die roten Zahlen | KunststoffWeb 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. One after another force majeure of the chemical giants!These chemical Published as WO 01/62822 on 30 Aug 2001 : Country : Sub : 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. Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you. This website uses cookies to provide you the best experience. We intend to keep you informed as new information becomes available.Click here to see the official announcement. One, the chemical giants continue to force majeure. 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.
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