As per the previous letter dated January 29, 2018, Lyondellbasell had shut down the production of Ethylene Oxide and derivatives at their Bayport, Texas plant, and had declared a force majeure event for All Glycol Ethers (EB, DB, DM including DM-Jet, DE, HB, HE, TM, HHM), and Glycol Ether Acetates (EBA), (DBA). The original effective date of the force majeure event is January 29, 2018.
As a result of this event, Lyondellbasell implemented sales allocation for these products, and the updated allocation shown in the table (see link) is effective March 1, 2018. Allocation volumes will be determined based on purchases made in the prior six (6) months; specifically, July through December 2017.
For further details, please read the Lyondellbasell force majeure letter here. be sure to reach out to your dedicated GreenChem sales representative for further insight on the latest chemical news and how this latest report might effect you.
Keep checking www.greenchemindustries.com for the latest updates on this situation.
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