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(Plastemart) -- France’s Fos-Lavera
petrochem terminal has been cleared after 33 days of strike that paralyzed the
country's petrochem industry. The protest at the Fos-Lavera oil terminals at
Marseille stranded 38 crude carriers and 20 product tankers.
Protests broke out at France’s ports on September 27 and escalated over
President Nicolas Sarkozy’s pension reform. As a result, France, the
second-biggest refining center in Europe after Germany, was forced to halt
production from at least 9 of 11 active facilities in France and one in
Switzerland.
France’s 11 active refineries can process 1.84 million barrels of oil a
day, according to Bloomberg data. Oil companies began to halt production as
early as Oct. 10 because of the strike actions. As union tensions started to
ebb, petrochemical players in France are slowly restarting their plants.
mrcplast.com
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