MOSCOW (MRC) - Borealis has declared force majeure on phenol and acetone production from its site in Porvoo, Finland, following a power outage on 15 December, reported Chemweek with reference to a company spokesperson's statement to OPIS Thursday.
"On 15 December 2020, Borealis declared force majeure on its phenol and acetone production after a power outage, an incident outside the scope of its control," the spokesperson said. "At this point in time it is unclear when the force majeure will be lifted."
The Porvoo site includes a 190,000-metric tons/year phenol plant and 118,000-metric tons/year acetone facility. A Borealis source dismissed reports that Borealis had declared force majeure on its 380,000-metric tons/year steam cracker, also in Porvoo. "Our cracker in Porvoo is fine, we only declared force majeure on our phenol and acetone production in Porvoo," the Borealis source said.
Borealis had declared force majeure on the Porvoo cracker on 11 November because of a technical failure. The cracker was then shut down for necessary repair work and operations restarted on 30 November.
Borealis produces 150,000 metric tons/year of benzene and 245,000 metric tons/year of cumene at Porvoo, IHS Markit data show.
OPIS is an IHS Markit company.
As MRC informed before, the 380,000-metric tons/year steam cracker at Porvoo, Finland, operated by Borealis, resumed normal operations in early December after the company declared force majeure following a technical failure on 11 November. The cracker was shut down to allow necessary repair works, according to Borealis. The company began restart operations on 23 November, 2020. The force majeure was also lifted after the cracker reached full capacity utilisation.
Phenol is derived from benzene and largely used to produce bisphenol A (BPA), used in the manufacture of plastics such as polycarbonate (PC) and epoxy resins. It is also used in the production of phenolic resins for the construction industry.
According to MRC's ScanPlast report, Russia's overall consumption of PC granules (excluding imports and exports to/from Belarus) rose in January-October 2020 by 21% year on year to 79,500 tonnes (65,600 tonnes a year earlier).
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.
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