LyondellBasell extends force majeure to all polypropylene from Brindisi, Italy plant

06-Mar-17

LyondellBasell has extended its force majeure declaration on Hostalen polypropylene from its Brindisi, Italy plant to include all grades of polypropylene from the plant, as per a PP buyer who had received a company letter to that effect, as per Platts. Force majeure on the "Hostalen" grade was declared in the first week of February. The Brindisi plant, at one of the most southerly points in Italy, is well situated to export outside continental Europe, with Turkey heard to be a major buyer from the plant, European trade sources said they expected little impact on the Northwest European spot market as a result of the force majeure.

Production of polypropylene from the plant was expected to restart within two weeks, the buyer said. However, it was not yet clear when the declaration of force majeure would be lifted. LyondellBasell were not immediately available for comment.