BASF Corporation declared force majeure February 7, 2018, on Purified Ethylene Oxide (“PEO”) due to an unexpected equipment failure that caused a shutdown of the ethylene oxide unit at its Geismer, Lousiana site. The duration of the shutdown is not yet known, but BASF is actively addressing the situation and will provide updates as information becomes available.
Be sure to reach out to your dedicated GreenChem sales rep for further insight on the latest chemical news and how this recent increase might effect you. For further details, please read the official BASF press release here.
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