LONDON (ICIS news)--LyondellBasell has declared force majeure on polypropylene (PP) from its joint venture Basell Orlen Polyolefins (BOP) 400,000 tonne/year plant in Plock, Poland, market sources said on Wednesday.
In a statement, the company said that ⌠as a result of unforeseable technical production problems due to low polymerisation in the Plock PP plant, it was unable to supply PP grades from Plock.
The company gave no time frame as to how long the restrictions would remain in place but assured customers that it was analysing the root causes of the situation to be able to restore normal supply as soon as possible.
This news came as a blow to some PP buyers who were already under force majeure restrictions from Total Petrochemicals.
MRCMRC Reference
LyondellBasell. The share in the Russian market in 2008:
PE - 1.4% (including HDPE - 2.5%, LDPE - 0.3%);
PP - 4.1% (including block-copolymers - 9.5%).
Annual sales growth in Russia, during the recent 5 years:
PE - 27%;
PP - 88%.
The leader in the following polymers processing technologies: