MOSCOW (MRC) -- Borealis AG has declared force majeures in two production sites in Kallo, Belgium and Burghausen, Germany, as per Plastemart.
FM has been declared on refinery grade propylene and propane from its production site in Kallo, Belgium. Operations in Burghausen, Germany experienced an incident due to a disruption in monomer supply from the nearby OMV cracker on Aug. 24.
Force majeure has been declared on all of its Burghausen production of polypropylene (PP) on 2 September, 2019.
As MRC wrote previously, in March 2018, Borealis and United Chemical Company LLP (UCC) signed a Joint Development Agreement (JDA) for the development of a world-scale polyethylene project, integrated with an ethane cracker, in the Republic of Kazakhstan.
According to MRC's ScanPlast report, the estimated PP consumption in the Russian market was 796,120 tonnes in January-July 2019, up by 11% year on year. Shipments of PP block copolymer and homopolymer PP increased.
Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. With headquarters in Vienna, Austria, Borealis currently employs around 6,500 and operates in over 120 countries.
MRC