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. Dow has approximately 847,000t/yr of LLDPE/HDPE swing capacity at the site, located near its Taft, Louisiana . Butyl Glycol Ethers. Re: Notice of Force Majeure for Dow Propylene Oxide. Web Design by Media Proper, Covestro Earnings Call Urethane Highlights, Urethane Highlights from Dows Investor Call. 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. The purpose of this letter is to advise that, due to circumstances beyond the reasonable. 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. *Curve comparison and historical data download, View all products of Market Price & Insight. Wednesday, March 29, 2023. 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. GreenChem furthers our Go Green initiative. Covestro and Brunsbitt have issued force majeure statements. Notification: Force majeure of Dow Polyurethanes MDI products lifted in North America. According to the authoritative American media ABC 10News, Russ Batson, executive director of the Polyurethane Foam Association, said in an interview that the current shortage of MDI in North America has lasted for several months, and he expects that the supply level will be difficult to return to normal before Christmas. **Olin: Declared Feb. 16 on US chlorine, caustic soda, ethylene dichloride, epoxy, hydrochloric acid and other products produced at its Freeport, Texas, complex. Our editors and experts share insights and analyses about energy and commodity markets worldwide. The current shutdown date is undetermined. Dow Chemical is solving this problem and hopes to resume normal supply soon. . The facility had just resumed production on January 24, 2006. 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. The company initially expected to resume operations within one to two weeks, but did not resume production until July 20, and went offline again 6 hours after resuming production. Recently, Dows 340,000-ton/year MDI device in Texas, USA was interrupted due to an unexpected mechanical failure of the raw material supplier. Houston This website uses cookies to provide you the best experience. Copied. The article you are searching for was not found. 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. The status of the device has not been announced so far. **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. Fibrant announces force majeure of the company's Cyclohexanone and caprolactam. Pinnacle Polymers declared force majeure for PP made at its plant in Garyville, La., just outside of New Orleans. **BNSF Railway advised customers on Feb. 16 that many trains in Texas were holding due to widespread power outages and road closures that affected movement of train crews and other personnel, and delays in shipments were expected to last until conditions improve. According to foreign media reports, LyondellBasells 1.5 million tons/year cracking furnace in Texas was closed in the last week of June. Bloomberg Daybreak Asia. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. SABIC has previously announced the force majeure upgrade of LDPE in the Netherlands. 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). 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. Many chemical companies such as Dow, LyondellBasell and Covestro have encountered force majeure! 1400 N Providence Rd 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). GreenChem furthers our Go Green initiative. Force . 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. . Das Duo an der Spitze: CEO Wolfgang Moyses (li.) Your allocation volume will be communicated to you by your account manager as soon as possible. The force measure was declared on 2nd July . 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 track connections of the factories and some of the infrastructure for the production of PVC and VCM (vinyl chloride) are also affected. Live market coverage co-anchored from Hong Kong and New York. **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. Dow is using all commercially reasonable means to address this situation and hopes to be in a position to resume Propylene Oxide supply soon. You exceeded the limit of bookmarked content(only 15 bookmarks are allowed).Please remove one of the bookmarks. 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. Recently, Dow Chemical Europe Ltd. declared force majeure, effective immediately. The negative impact on net income in the first quarter of 2006 was expected to be U.S. $20 - $25 million. 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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) **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. Listen to this article. The company has not yet given a specific response to resume production. Celanese also declared force majeure Feb. 18 on multiple chemicals, including VAM and acetic acid. "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. 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. 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. 5:03. Dow will allocate available product in a manner that is fair and reasonable. 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. Affected by this, Dow's propylene glycol supply has declared force majeure, and the recovery time will be notified later! Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. As a result of this event, for . Vinnolit announces force majeure for PVC and VCM. Die weltweite Konjunkturschwche hat Dow Chemical (Midland, Michigan / USA) in die Verlustzone gedrckt. 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. ECHEMI 2021-03-03. 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 Garyville plant has annual PP production capacity of almost 950 million pounds. 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. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. Fr eine nicht genannte Summe hat der Automobilzulieferer Delfingen (Anteuil / Frankreich) 85 Prozent der Anteile des deutlich kleineren Mitbewerbers Reiku Kabelschutzsysteme (Wiehl-Bomig) bernommen. 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. The reduction in the supply of raw materials caused Fibrant to also be forced to reduce production. 19-Feb-2021. Track your investments 24 hours a day, around the clock from around the world. control of The Dow Chemical Company ("Dow"), Dow is unable to supply you with the. Chemicals firms declare force majeure on silicone products. (We'll never share your email address with a third-party. Most force majeure clauses do not excuse a party's non-performance entirely but only suspend it for the duration of the force majeure. 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 . Published as WO 01/62822 on 30 Aug 2001 : Country : Sub : 1,4-Dihydroxyanthraquinone CAS NO. 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. September 17, 2021 at 12:22 am. Hydrogen Finally Getting Its Day. It has not yet given a timetable for resuming production. Tosoh Ruians 80,000-ton/year MDI plant was overhauled in early August. Stay ahead of the rapidly changing energy and commodity markets with the latest news and insight from Argus. Bayport is a big styrene monomer facility at over . Re: Notice of Force Majeure for Dow Propylene Oxide. GreenChem furthers our Go Green initiative. Wie das Unternehmen mitteilte, wurden die ersten Infrastrukturarbeiten - zu denen etwa das Verlegen von unterirdischen Rohrleitungen . One, the chemical giants continue to force majeure. Read blog articles and case studies about Dow's vision, ambitions and actions to help create a more sustainable, equitable world. Markets never sleep, and neither does Bloomberg. 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. Chemical giant Covestro has announced a force majeure at its German factory due to which parts of MDI production facility has come to a standstill. Read and listen to the latest blog posts and podcasts for your market and region. 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). The Dow Chemical Company whose primary place of business is at 2030 Building, . After that, the company lifted its force majeure on ethylene, polyethylene, propylene, and other co-products individually in February. 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. . West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. Silicon metal at the Alumetal Group Hungary Kft. ** 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 . Dow: Two of three crackers in Terneuzen, the Netherlands, failed. as provided in the applicable sales agreement or purchase order ("Contract"). Nordic Chemical: Plans to shut down its 300,000-ton/year cracker in Antwerp, Belgium for maintenance by late January. Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information. 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. INEOS Olefins & Polymers USA: Force majeure declared Aug. 26 on HDPE at 460,000 mt/year unit in La Porte, Texas; plant is a joint venture with Sasol. 2023 Argus Media group. Fr das erste Quartal 2023 meldete der Ifo-Institut: Geschftsklima hellt sich weiter auf . Rose Tree Corporate Center 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. CDT 084. FORCE MAJEURES ** Dow Chemical: Declared Feb. 19, on 2-ethylhexanol and butanol products from its Texas City, Texas complex . 81-64-1, Delivering the latest product trends and industry news straight to your inbox. GreenChem furthers our Go Green initiative. BEVs Take Half the Spots on 2022 Wards 10 Best Interiors & UX List. According to local news reports, the shutdown was due to insufficient supply of raw materials, and production had to be cut by about half. Pursuant to the terms of the applicable Contract, Dow is excused from performance during the term of this Force Majeure event. GreenChem furthers our Go Green initiative. 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. Pursuant tothe terms of the Contract, Dow is excused from performance during the term of this ForceMajeure event.This situation is due to extreme weather conditions related to Hurricane Ida, which haveresulted in an unplanned shutdown and/or disruptions in operations, logistics, and rawmaterial supply. [contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 **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. Overnight on Wall Street is daytime in Asia. 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. 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. Discover more about S&P Globals offerings. Pursuant to the terms of your applicable Sales Contract, Dow is excused from performance during the term of this Force Majeure event. Its free and easy to do. 16 Feb 2021 | 22:56 UTC; Houston; . Dow regrets this situation and thanks you for your continued patience during this difficult period. 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. 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. 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. 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. **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. Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you.
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