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Ineos declares Carson polypropylene output force majeure on feedstock issue

Increase font size  Decrease font size Date:2015-12-04   Views:711
Ineos Olefins and Polymers USA has issued a force majeure declaration on polypropylene supplies from its Carson, California, facility, the company said in a letter to customers obtained by Platts Wednesday.

The force majeure stemmed from "an inability to acquire feedstock", the letter added.

Company sources did not return calls asking what the allocation percentage might be or the duration of the force majeure.

No information on specific grades or sites affected was immediately available, but sources said the force majeure likely applied to homopolymer and random co-polymer grades.

Ineos has three polypropylene production facilities in the US, including in Deer Park and Alvin, Texas, which have a combined capacity of 520,000 mt/year. The two Texan facilities are operating normally, sources say.

Ineos produces 265,000 mt/year of PP at the Carson site, a substantial proportion of which is exported to Asia, according to sources.
 
 
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