ConocoPhillips declares force majeure on PP copolymer in USA for August, September

26-Aug-10
US polypropylene maker ConocoPhillips has declared force majeure (FM) on its copylene impact copolymers deliveries in August and September, as per Platts. An equipment breakdown coupled with feedstock shortages has caused the supply constraints. The company anticipated it would resume normal operations sometime during September. Specific details on the equipment breakdowns were not available. The company will be unable to make up for volumes not delivered during August and September. PP supplies continue to remain tight in USA this week with a potential for a price hike in September.
  More News  Post Your Comment

Previous News

Next News

{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha