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Qingdao Haiwan declared FM on PVC shipments from its plant in Shandong province

December 07/2021

MOSCOW (MRC) -- Qingdao Haiwan Chemical (formely Qingdao Soda Ash) has declared force majeure (FM) for shipments of material from its ethylene-based polyvinyl chloride (PVC) plant in Shandong province, China, according to CommoPlast with reference to an official statement to its overseas customers.

The FM was declared due to an unforeseeable problem, which impact its ability to fulfil contractual obligations.

The producer operates two PVC lines, each with an annual capacity of 400,000 mtyear.

Market sources close to the company said that Qingdao Haiwan Chemical shuts only one PVC line due to environmental control for about 15 days, whereas the other line is operating normally.

Apparently, domestic buyers did not receive any notification from the maker pertaining to the supply disruption.

As MRC reported earlier, Qingdao Haiwan Chemical started up the second PVC line in Shandong province in late September, 2020.

According to MRC's ScanPlast report, Russia's overall production of unmixed PVC totalled 828,600 tonnes in the first ten months of 2021, up by 3% year on year. At the same time, only two producers raised their output.

Qingdao Haiwan Chemical Co., LTD. was founded in 1947, one member enterprise of Qingdao HIWAN GROUP LTD in Dongjiakou Industrial Park, located in NO.66, Gangfeng Road, Poli Town, Huangdao District, Qingdao city, Shandong Province. The company's main product includes 32% and 50% caustic soda, vinyl chloride (VCM), SG-8, SG-7, SG-5, SG-3 type of polyvinyl chloride (SPVC), dichloroethane (EDC), styrene etc.
Author:Margaret Volkova
Tags:PVC, SPVC, Qingdao Haiwan Group, China.
Category:General News
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