1,4-Dihydroxyanthraquinone CAS NO. 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. HOUSTON (ICIS)-US methylene diphenyl diisocyanate (MDI) supplies are facing further tightening amid shortages of precursors used in isocyanate production. Recently, Dow Chemical Europe Ltd. declared force majeure, effective immediately. If you are a member of the press, you can request information directly from our press contacts team. The current shutdown date is undetermined. 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 Force Majeure Notice. At present, the company has expanded the upgrade stage and announced that its entire PE production in Europe has encountered force majeure. 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. 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. . aluminium processing plant in Komarom, Hungary. Equistar Chemicals L.P. declared a force majeure event for all products within our Americas EO & derivatives portfolio - Ethylene Oxide, Ethylene Glycols, and E-Series Glycol Ethers, effective February 16, 2021. 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. 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. Copyright Dow (1995-2023). 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. Bloomberg Daybreak Asia. 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. The floods affected the infrastructure for the transportation of Naphtha, a key raw material. ), AkzoNobel Announces Paint the Future Collaborations, ECHEMI Overseas Buyers Opinions on Chinese Suppliers and Industry Development, Sino-US Symposium on Natural Health Products. 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 . 04-Jan-2021: WO : T : Published : ORD : PCTGB01/00 : 04-Jan-2001 : 04-Jan-2021 . West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. Share this article. 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. Pursuant to the terms of the Contract, Dow is excused from performance during the term of this Force Majeure event. 2023 Argus Media group. Royal Dutch Shell Plc, one of the largest operators in the Gulf of Mexico, declared force majeure on some oil deliveries due to damage from Hurricane Ida, which has crippled U.S. offshore oil production. 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. **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. 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. Westlake Chemical: Force majeure declared on Aug. 31 on all North American PVC and VCM. Track your investments 24 hours a day, around the clock from around the world. . 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. South Korea's Hanwha phthalic anhydride plant shuts down. August 13, 2021. 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. Lyondell Basel's 1.5 million tons cracking plant quickly went offline after a short restart. The data problem slowing down progress on climate targets in the chemical industry. [contact-form-7 id=5739 title=News Contact Form], Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 It seems that the extreme shortage of polyurethane has caused serious damage to industries such as furniture and mattresses. Force majeure Dow Orange, Texas Site shutdown . 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. control of The Dow Chemical Company ("Dow"), Dow is unable to supply you with the. We intend to keep you informed as new information becomes available. Das Duo an der Spitze: CEO Wolfgang Moyses (li.) 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. Browse images and videos of the markets and communities Dow does business in, as well as its philantrhopic efforts. (We'll never share your email address with a third-party. 9/9/2021. Pursuant to the terms of your applicable Sales Contract, Dow is excused from performance during the term of this Force Majeure event. 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. 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. Great Place to Work and FORTUNE recognize Dow for 3rd consecutive year among 100 Best Companies to Work For. 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). 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. Published as WO 01/62822 on 30 Aug 2001 : Country : Sub : CDT 084. Commodity Prices and Essential Market Data, Upstream Cost Analysis Service First Quarter 2023 Update, S&P Global Commodity Insights East Africa Forum. *Curve comparison and historical data download, View all products of Market Price & Insight. Silicon metal output disrupted amid electricity curbs in China, Chemicals firms declare force majeure on silicone products. den Schtz 2021 mit der bernahme von Gem Plastics erwarb, fertigt das Unternehmen Kunststofffsser sowie verschiedene Kanisterserien. Please use the button below and we will bring you back here when complete. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. BMW M Introduces 650-hp i7 M70 xDrive Sedan. The article you are searching for was not found. It has not yet given a timetable for resuming production. August 18th, 2021. Vinnolit announces force majeure for PVC and VCM. Listen to this article. 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. Fr das erste Quartal 2023 meldete der Ifo-Institut: Geschftsklima hellt sich weiter auf . 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) 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. 5:03. Mark Renders/Getty Images/Thinkstock. 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. 1400 N Providence Rd Dow had previously declared force majeure on all grades of polyethylene produced in Europe. 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. 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. 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. 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. Many chemical companies such as Dow, LyondellBasell and Covestro have encountered force majeure! SHARE THIS. ", **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. Its the latest in a litany of disruptions, from snarled supply chains to a power crunch, that are creating a destructive mix for companies and consumers. . BEVs Take Half the Spots on 2022 Wards 10 Best Interiors & UX List. Discover more about S&P Globals offerings. 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: Sign up today for market information and newsletter, 222 Clematis Street, Suite 207 Celanese also declared force majeure Feb. 18 on multiple chemicals, including VAM and acetic acid. 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 . Dow will allocate available product in a manner that is fair and reasonable. Dow Chemical is solving this problem and hopes to resume normal supply soon. Affected by this, Dow's propylene glycol supply has declared force majeure, and the recovery time will be notified later! 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). 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. All rights reserved. The shortage in silicon metal, sparked by a production cut in China, has sent prices up 300% in less than two months. The negative impact on net income in the first quarter of 2006 was expected to be U.S. $20 - $25 million. 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. GreenChem furthers our Go Green initiative. Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. The chemical giant layoffs 'self-help', more than 10% of its European employees! 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. Per the previous letter dated February 16, 2021, Lyondell Chemical Company declared a force majeure event for all products within our Americas Propylene Oxide & Derivatives Portfolio - Propylene Oxide,Propylene-Glycols, Allyl Alcohol, Butanediol & Derivatives, Propylene-Series Glycol Ethers and Propylene-Specialties Glycol Ethers, effective February 16. To continue reading you must login or register with us. Tosoh Ruians 80,000-ton/year MDI plant was overhauled in early August. West Palm Beach, FL 33401, Copyright 2023GreenChem IndustriesAll Right Reserved. Live market coverage co-anchored from Hong Kong and New York. Staff. After that, the company lifted its force majeure on ethylene, polyethylene, propylene, and other co-products individually in February. Dow: The supply of the 340,000-ton/year MDI device in Texas, USA was interrupted due to unexpected mechanical failures by . Fr eine nicht genannte Summe hat der Automobilzulieferer Delfingen (Anteuil / Frankreich) 85 Prozent der Anteile des deutlich kleineren Mitbewerbers Reiku Kabelschutzsysteme (Wiehl-Bomig) bernommen.
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