(Reuters) - French specialty chemical
group Arkema, one of the top three suppliers of auto resins in Europe, said on
Monday it did not see the production of resin PA-12 returning to normal for
several weeks, risking a slowdown in global auto production.
An explosion at the end of March at a chemical plant in Germany owned by
Evonik industries is blamed for the shortage of PA-12, a resin used in the
making of automobiles' break and fuel components.
"We are in a situation of force majeure," said a spokesperson for Arkema,
France's leading PA-12 producer. "We cannot reach full capacity in the coming
PSA Peugeot Citroen and Renault, would not comment on the affect the slowdown
in production of PA-12 has on their car production.
She added that the group is currently looking for other suppliers of PA-12
and would offer clients two other polyamides, PA-11 and PA-10, to replace PA-12