As per the previous letter dated January 29, 2018, we have shut down the production of Ethylene Oxide and derivatives at our Bayport, Texas plant, and have declared a force majeure event for Ethylene Oxide(Pure) and Ethylene Glycols (MEG, DEG, TEG, HEG). The original effective date of the force majeure event is January 29, 2018.
As a result of this event, Equistar implemented sales allocation for these products. Allocation levels for these products shown in the table below are effective February 1, 2018. Allocation volumes were 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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