(ICIS) -- SolVin, a joint venture between BASF and Solvay, declared FM on polyvinyl chloride (PVC) production from its 300,000 tonnes/year site in Tavaux, France, due to a lack of raw material ethylene as a result of ongoing strike action. Earlier Total declared FM across all grades of polyethylene (PE), polypropylene (PP) and polystyrene (PS) because of issues surrounding the transportation and stock of products.
Earlier in the week INEOS Oxide declared FM on ethylene oxide (EO), ethylene glycols, glycol ethers (and their esters), ethanolamines, oxo-alcohols and butyl acetates originating from its Lavera site in France due to reduced output caused by the demonstrations.
Meanwhile, Arkema also declared FM on supplies of oxo-alcohols from its Lavera plant and also held FM on PVC from all four of its French sites due to restricted feedstock supply.
In addition, the demonstrations have also contributed to a further tightening in Europe's butane market, resulting in higher prices.
MRC