Thailand-based polyester maker Indorama Ventures, or IVL, has lifted the force majeure on ethylene oxide and monoethylene glycol production from its plants at Clear Lake, Texas, the company said Monday.
The plants resumed operations on Saturday and the force majeure "will be lifted immediately upon the plant and supplies becoming normal," IVL said.
The plants were shut July 20 and a force majeure declared three days later. They can deliver 435,000 mt/year of EO and 358,000 mt/year of MEG
IVL is the holding company for the Indorama Group's PET and PTA assets in Thailand, Belgium, Italy, Lithuania, the Netherlands, the US and the UK.
