[contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 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. Copyright Dow (1995-2023). 31-Jan-2022 2:02 PM. 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. BMW M Introduces 650-hp i7 M70 xDrive Sedan. Affected by this, Dow's propylene glycol supply declared force majeure, recovery time Follow-up notice! Baytown, Texas, refining and chemical complex, including three crackers with a combined capacity of 3.8 million mt/year; TPC Group: Houston site . UPDATE 1-Dow declares force majeure on 2 chemicals Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event. Speak with ICIS. The force measure was declared on 2nd July . South Korea's Hanwha phthalic anhydride plant shuts down. (We`ll never share your email address with a third-party.). More Than A Dozen Plastic Chemical Companies Have Pressed The Overnight on Wall Street is daytime in Asia. The article you are searching for was not found. Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you. The current shutdown date is undetermined. The negative impact on net income in the first quarter of 2006 was expected to be U.S. $20 - $25 million. We intend to keep you informed as new information becomes available. 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. Wie das Unternehmen mitteilte, wurden die ersten Infrastrukturarbeiten - zu denen etwa das Verlegen von unterirdischen Rohrleitungen . FACTBOX: More force majeures, shutdowns emerge from US Gulf Coast Factbox: More declarations of force majeure for polymers in Laura's 9/9/2021. den Schtz 2021 mit der bernahme von Gem Plastics erwarb, fertigt das Unternehmen Kunststofffsser sowie verschiedene Kanisterserien. GreenChem furthers our Go Green initiative. Newswire. Covestro and Brunsbitt have issued force majeure statements. Re: Notice of Force Majeure for Dow Propylene Oxide. Recently, Dow Chemical Europe Ltd. declared force majeure, effective immediately. Nordic Chemical: Plans to shut down its 300,000-ton/year cracker in Antwerp, Belgium for maintenance by late January. Dow Chemical is solving this problem and hopes to resume normal supply soon. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. 1,4-Dihydroxyanthraquinone CAS NO. SHARE THIS. Press Releases | News & Media | Dow Corporate - Dow Chemical Company Dow: The supply of the 340,000-ton/year MDI device in Texas, USA was interrupted due to unexpected mechanical failures by . Dow has approximately 847,000t/yr of LLDPE/HDPE swing capacity at the site, located near its Taft, Louisiana . Textile giant announced some factories to stop production and reduce production. 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. This website uses cookies to provide you the best experience. Force Majeure in der . 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. More than three-quarters of the U.S. Gulf of Mexico's offshore oil output remained shut following Ida. 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 . The stocking has started! Many chemical giants are now in supply crisis 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. Your allocation volume will be communicated to you by your account manager as soon as possible. To continue reading you must login or register with us. One after another force majeure of the chemical giants!These chemical Dow had previously declared force majeure on all grades of polyethylene produced in Europe. Read blog articles and case studies about Dow's vision, ambitions and actions to help create a more sustainable, equitable world. 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. 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. May 27, 2015. Dear CUSTOMER: The purpose of this letter is to advise you that, due to circumstances beyond the reasonable control of The Dow Chemical Company ("Dow"), Dow is unable to supply you with the quantities of Propylene Oxide as provided in the applicable sales agreement or purchase order . 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. The company has not given a timetable for resuming production. DOW Notice of Force Majeure. Sept 2021 - Greenchem Industries BASF warns of ethylene oxide shortage after technical problems The shortage in silicon metal, sparked by a production cut in China, has sent prices up 300% in less than two months. AnQore, the world's leading producer of acrylonitrile/hydrocyanic acid, announced force majeure for acrylonitrile at its Geleen plant in the Netherlands. Silicon metal at the Alumetal Group Hungary Kft. Houston Petrochemical producers were shutting down plants and some declared force majeure on products they make as a historic deep freeze enveloped the US . In addition, the force majeure of MDI originally announced on February 17 this year still exists. 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. September 17, 2021 at 12:22 am. 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. 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. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. . Force Majeure - Everchem Specialty Chemicals (an "Event of Force Majeure"). 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. According to the latest news, BASF announced that the . Sasol: Force majeure declared Aug. 31 on all North American polyethylene, including all LLDPE and HDPE grades. What's wrong?Dow, BASF and other manufacturers have declared force **OxyChem: Declared Feb. 15 on US chlorine, caustic soda, EDC, vinyl chloride monomer and polyvinyl chloride. We intend to keep you informed as new information becomes available.Click here to see the official announcement. ADI Chemical Market Resources Newsletter <br>June 26, 2006 Published as WO 01/62822 on 30 Aug 2001 : Country : Sub : The chemical giant layoffs 'self-help', more than 10% of its European employees! Ethyl Glycol Ethers. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. Nov 11, 2022. Everchem Specialty Chemicals By clicking the Accept button below, you are consenting to receive and store cookies from our site. 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. 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 . 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Jean Carroll Testifies TrumpCritic Conway Encouraged Her Lawsuit, Trump Is Denied Mistrial Over Unfair Rulings in E. Jean Carroll Case, Brookfield Eyes Green Steel for Multibillion New Transition Fund, Bara DitchingPrivate Jet for Train Points toGreener Football, Germany Sets the New Standard for Cheap, National Mass Transit, Chinas Now Spurning Ugliest Buildings That Symbolized Its Meteoric Rise, Broke Chinese Gen Zs Turn Factory Town into Top Tourist Spot, Nigerias SEC Plans to Allow Asset-Backed Tokens But Not Crypto, Bitcoin Sags After its Longest Streak of Monthly Gains Since 2021, Bitcoin on Course for Longest Streak of Monthly Gains Since 2021. Force Majeure. Celanese also declared force majeure Feb. 18 on multiple chemicals, including VAM and acetic acid. . Shenzhou International issued an announcement a few days ago that in view of the recent changes in the epidemic in Vietnam, the Vietnamese government will implement social distancing measures in Ho Chi Minh City and Tay Ninh Province, Vietnam no later than 14 days from July 19, 2021. 2023 by S&P Global Inc. All rights reserved. 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 . **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. **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. Dow Chemical likely to Announce Maintenance Turnaround on its MMA unit Dow is using all commercially reasonable means to address this situation and hopes to be in a position to resume Propylene Oxide supply soon. Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information. According to foreign media reports, LyondellBasells 1.5 million tons/year cracking furnace in Texas was closed in the last week of June. Bayport is a big styrene monomer facility at over . . Hydrogen Finally Getting Its Day. It is expected that Fibrant's operating rate will take several weeks to return to normal levels. Related news. Markets never sleep, and neither does Bloomberg. Dow: Chemiegigant rutscht in die roten Zahlen | KunststoffWeb Ineos: Beginn der Phase 2 beim Cracker-Bau Project One" Track your investments 24 hours a day, around the clock from around the world. Copied. Discover more about S&P Globals offerings. 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. 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. **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. Chemicals firms declare force majeure on silicone products. One, the chemical giants continue to force majeure. DOW Notice of Force Majeure. - Greenchem Industries Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. 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. Staff. 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. Pursuant to the terms of your applicable Sales Contract, Dow is excused from performance during the term of this Force Majeure event. LyondellBasell Propylene Oxide & Derivatives - Force Majeure Event Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 Resin makers still assessing impact of Hurricane Ida 04-Jan-2021: WO : T : Published : ORD : PCTGB01/00 : 04-Jan-2001 : 04-Jan-2021 . The company has not yet given a specific response to resume production. Notice of Force Majeure by DOW - Greenchem Industries Dow: Two of three crackers in Terneuzen, the Netherlands, failed. Read and listen to the latest blog posts and podcasts for your market and region. 81-64-1, Delivering the latest product trends and industry news straight to your inbox. February 3, 2021. 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. Force Majeure in der . (We'll never share your email address with a third-party. ", **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. US MDI markets tightening on shortages for isocyanate precursors Foam's force majeure - Furniture Today 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: Stay ahead of the rapidly changing energy and commodity markets with the latest news and insight from Argus. This situation is due to extreme weather conditions that resulted in temperatures below freezing at Dow's St. Charles, Louisiana operations (the . 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. Force majeure Dow Orange, Texas Site shutdown . Your allocation volume will be communicated to you by your account manager as soon as possible. May 10, 2022. Mark Renders/Getty Images/Thinkstock. 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). 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. Note! These Chemical Giants Will Raise Prices Since April 1st, 2021 FACTBOX: Petroleum, power markets show signs of easing as Texas power returning. 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 . Dow Chemical: Declared Feb. 19, on 2-ethylhexanol and butanol . ECHEMI 2021-07-30. Effective March 15, 2021, or as contracts allow, The Dow Chemical Company . 19-Feb-2021. ICP16009155-1 | Copyright@Qingdao ECHEMI Digital Technology Co., Ltd. . Lyondell Basel's 1.5 million tons cracking plant quickly went offline after a short restart. aluminium processing plant in Komarom, Hungary. As a result of this event, for . Evonik last week told customers in a letter that 'unexpected technical issues' at its production . Silicon's 300% Surge Throws Another Price Shock at the World Dow will allocate available product in a manner that is fair and reasonable. All rights reserved. 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. CDT 084. The purpose of this letter is to advise that, due to circumstances beyond the reasonable. DOW Notice of Force Majeure for North America. Feb 24th, 2021 Fr eine nicht genannte Summe hat der Automobilzulieferer Delfingen (Anteuil / Frankreich) 85 Prozent der Anteile des deutlich kleineren Mitbewerbers Reiku Kabelschutzsysteme (Wiehl-Bomig) bernommen. Live market coverage co-anchored from Hong Kong and New York. Published date: 09 September 2021. According to local news reports, the shutdown was due to insufficient supply of raw materials, and production had to be cut by about half. 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. 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. Westlake Chemical: Force majeure declared on Aug. 31 on all North American PVC and VCM. *Curve comparison and historical data download, View all products of Market Price & Insight. The floods affected the infrastructure for the transportation of Naphtha, a key raw material. Shell declares force majeure on Gulf deliveries after Ida hit 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. 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. BASF has declared force majeure on ethylene oxide (EO) and its derivative monoethylene glycol (MEG) in Europe due to technical problems at its two production facilities. ** 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 . Gazprom Neftekhim Salavat is repairing low-density polyethylene (LDPE) and high-density polyethylene (HDPE) plants, and the shutdown period will last 30 days. [contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 Listen to this article. GreenChem furthers our Go Green initiative. Its free and easy to do. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. 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. 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. Receive daily email alerts, subscriber notes & personalize your experience. 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. Butyl Glycol Ethers. Silicon metal output disrupted amid electricity curbs in China, Chemicals firms declare force majeure on silicone products. As per the recent information, Dow Chemicals may announce maintenance turnaround on its Texas based 475,000 tons/annum Methyl Methacrylate (MMA) unit during this quarter.
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