Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. 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. 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. FACTBOX: Petroleum, power markets show signs of easing as Texas power returning. 9/9/2021. Nov 11, 2022. Verbnde: Wechsel im Vorstand des Deutschen Verpackungsinstituts ** 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 . FACTBOX: Deep freeze prompts force majeures, shutdowns at US Gulf Coast . 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. (We`ll never share your email address with a third-party.). 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. Delfingen: Franzosen bernehmen Reiku Kabelschutzsysteme Our editors and experts share insights and analyses about energy and commodity markets worldwide. At present, it seems that the tightness on the supply side still exists, and the foreign source of goods is not abundant enough, there is still a certain degree of support. Dow: The supply of the 340,000-ton/year MDI device in Texas, USA was interrupted due to unexpected mechanical failures by . 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. Many chemical companies such as Dow, LyondellBasell and Covestro have Crazy' price hike! Wanhua, Dow and other giants all issued price Evonik catalyst FM a concern for EU biodiesel output 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. Force Majeure Hits Construction and Consumer Market Hard - LinkedIn Affected by this, Dow's propylene glycol supply declared force majeure, recovery time Follow-up notice! August 18th, 2021. August 13, 2021. 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. UPDATE 1-Dow declares force majeure on 2 chemicals We intend to keep you informed as new information becomes available.Click here to see the official announcement. DOW Notice of Force Majeure. - Greenchem Industries 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. ICP16009155-1 | Copyright@Qingdao ECHEMI Digital Technology Co., Ltd. AnQore announces force majeure of the company's Acrylonitrile. All Rights Reserved. (an "Event of Force Majeure"). Crazy' price hike! 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) 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. Live market coverage co-anchored from Hong Kong and New York. Copyright Dow (1995-2023). 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. The current shutdown date is undetermined. 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. Share this article. FACTBOX: More force majeures, shutdowns emerge from US Gulf Coast control of The Dow Chemical Company ("Dow"), Dow is unable to supply you with the. Gazprom's PE device undergoes 30-day maintenance. In addition, the force majeure of MDI originally announced on February 17 this year still exists. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. More than three-quarters of the U.S. Gulf of Mexico's offshore oil output remained shut following Ida. Dow Removes FM on MDI Products - Everchem Specialty Chemicals 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. BASF/Dow and Other Giants Suddenly Force Majeure - ECHEMI 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. This situation is due to extreme weather conditions that resulted in temperatures below freezing at Dow's St. Charles, Louisiana operations (the . 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. 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. 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. HOUSTON (ICIS)-US methylene diphenyl diisocyanate (MDI) supplies are facing further tightening amid shortages of precursors used in isocyanate 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. Silicon metal at the Alumetal Group Hungary Kft. Pursuant to the terms of the applicable Contract, Dow is excused from performance during the term of this Force Majeure event. **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. Formosa Plastics USA declared force majeure Feb. 17 on chlor-alkali products, including chlorine and caustic soda, while Dow Chemical declared Feb. 18 on numerous intermediate chemicals, including vinyl acetate monomer and, methyl methacrylate at sites in Texas, Louisiana and Kentucky. 81-64-1, Delivering the latest product trends and industry news straight to your inbox. After that, the company lifted its force majeure on ethylene, polyethylene, propylene, and other co-products individually in February. 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: Diethylenetriamine (DETA) Ethylenediamine (EDA) Aminoethylethanolamine (AEEA) Piperazine 68%as provided in the applicable sales agreement or purchase order (Contract). Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event.This situation is due to extreme weather conditions that resulted in temperatures below freezing at Dows St. Charles, Louisiana operations (the Site), which have resulted in an involuntary unplanned shutdown. 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. SHARE THIS. Dow: Chemiegigant rutscht in die roten Zahlen | KunststoffWeb Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event. Silicon metal output disrupted amid electricity curbs in China, Chemicals firms declare force majeure on silicone products. 2023 by S&P Global Inc. All rights reserved. Speak with ICIS. Herma: Schwierige Beschaffungslage bei Rohstoffen Force Majeure at Covestro's German Facility Likely to - LinkedIn Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. Westlake Chemical: Force majeure declared on Aug. 31 on all North American PVC and VCM. 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 . Fr eine nicht genannte Summe hat der Automobilzulieferer Delfingen (Anteuil / Frankreich) 85 Prozent der Anteile des deutlich kleineren Mitbewerbers Reiku Kabelschutzsysteme (Wiehl-Bomig) bernommen. Textile giant announced some factories to stop production and reduce production. Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you. 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. Die weltweite Konjunkturschwche hat Dow Chemical (Midland, Michigan / USA) in die Verlustzone gedrckt. You exceeded the limit of bookmarked content(only 15 bookmarks are allowed).Please remove one of the bookmarks. Contents | Cambridge Display Technology, Inc. | Business Contracts | Justia *Curve comparison and historical data download, View all products of Market Price & Insight. Force Majeure. 16 Feb 2021 | 22:56 UTC; Houston; . Recently, Dows 340,000-ton/year MDI device in Texas, USA was interrupted due to an unexpected mechanical failure of the raw material supplier. 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. Dow has approximately 847,000t/yr of LLDPE/HDPE swing capacity at the site, located near its Taft, Louisiana . 04-Jan-2021: WO : T : Published : ORD : PCTGB01/00 : 04-Jan-2001 : 04-Jan-2021 . Staff. 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. **Union Pacific advised customers Feb. 18 that recovery efforts were making progress as weather conditions improved, and commercial power and water were slowly returning to areas of its network in Texas, though ongoing road closures hindered moving crews through the South. For more information about our use of cookies, please view our Privacy Policy. Read blog articles and case studies about Dow's vision, ambitions and actions to help create a more sustainable, equitable world. Sasol: Force majeure declared Aug. 31 on all North American polyethylene, including all LLDPE and HDPE grades. Mark Renders/Getty Images/Thinkstock. Hydrogen Finally Getting Its Day. The reduction in the supply of raw materials caused Fibrant to also be forced to reduce production. 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. Browse images and videos of the markets and communities Dow does business in, as well as its philantrhopic efforts. One after another force majeure of the chemical giants!These chemical Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event. 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. GreenChem furthers our Go Green initiative. 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. Re: Notice of Force Majeure for Dow Propylene Oxide. BASF warns of ethylene oxide shortage after technical problems Force majeure Dow Orange, Texas Site shutdown . ECHEMI 2021-07-30. Notice of Force Majeure by DOW - Greenchem Industries . However, no official announcement has been done by Dow yet, nevertheless the turnaround might come into effect soon in USA. Production interrupted ! Dow's European plant declares force majeure Butyl Glycol Ethers. . By clicking the Accept button below, you are consenting to receive and store cookies from our site. Feb 24th, 2021. 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. **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.
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