In a statement released late yesterday by Lyondell executives, Lyondell has officially declared force majeure on all IPA production out of their Channelview, Texas location. This is in response to Hurricane Harvey and its enormous impact on the greater Houston area. It is currently unknown the extent to which this storm will impact Lyondell’s supply. Officials are still evaluating the situation and production capabilities.
“Though the extent of the impact has not yet been fully defined, we are issuing this notification as soon as possible to ensure that you are aware of the situation. We will be contacting you regarding product availability once more details are identified.”
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. For further details, please read the official Lyondell statement here.
Keep checking www.greenchemindustries.com for the latest updates on this situation.
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