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BASF and Styrolution end forces majeures on styrene monomer and styrenics

October 03/2013

MOSCOW (MRC) -- BASF South East Asia lifted its force majeure on styrene monomer (SM) supply from Singapore on Monday, reported Apic-online with reference to a company spokeswoman's statement.

The halt in SM supply to customers followed its Singapore-based joint venture Ellba Eastern declaring a force majeure on SM supply from the 550,000 mt/year SM/propylene oxide plant to partners BASF and Shell on September 16.

Ellba lifted its force majeure on Friday.

Among BASF's customers is Styrolution, a 50:50 joint venture between BASF and INEOS, with acrylonitrile-butadiene-styrene (ABS) and polystyrene (PS) plants in South Korea, Thailand and India.

Styrolution has also ended the force majeure it had declared on September 18 to customers in India and South Korea, a spokeswoman for the company said Tuesday.

As MRC informed previously, on 23 September, Ellba Eastern declared force majeure on SM supply to its owners Shell and BASF. This led BASF, which holds a 50% stake in Ellba Eastern, to declare force majeure on SM supply from Singapore to its customers.

BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industrie
Author:Margaret Volkova
Tags:Asia, PS, ABS, propylene, styrene, BASF, Shell, Styrolution.
Category:General News
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