Spain's energy group Repsol has issued a force majeure on petrochemicals supplies out of its steam cracker unit in Sines, Portugal, said a company spokesperson as per spglobal.com. According to Platts Analytics, the steam cracker produces 410,000 m tpa of ethylene and 215,000 m tpa of propylene. At the site, the company also has a butadiene unit, with total capacity of 45,000 m tpa.
"A technical problem has forced us to declare force majeure in all our base petrochemicals. We are currently carrying out all actions to minimize the impact of this situation, hoping to restore production as soon as possible," the spokesperson said.
There is no clarity about when the force majeure was declared and how long it would remain in place.