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Formosa declares force majeure on PE and PP at Point Comfort plant

December 16/2009

December, 16 (plastemart.com) -- Formosa Plastics Corp. USA is operating under force majeure conditions for polyethylen and polypropylene at its plant in Point Comfort, as per Plastics News. The force majeure was declared on Dec. 5, one day after a site-wide power outage. The cause of the outage remains under investigation. No damage or injuries were reported as a result of the outage, and power was restored the next day. The sites PE, PP and olefins units began coming back online on Dec. 9. Customers remain on allocation for PE and PP. The site is expected to be back at normal production in the next few days, but there is no estimate as to when force majeure would be lifted, and that Formosa was working with existing inventories. One of the sites two olefins/polyolefins units has been down for maintenance and, is less affected by the outage. Production of PVC and related feedstocks already has been restored.


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       MRC Reference


 Formosa. The share in the Russian market in 2008:

 PVC-S - 3.0%;

PP - 0.4%.

Annual growth sales in Russia :
 PVC - 79 % (over the last year) ;

PP - 272 % (over the last 3 years).

 Supply by processing technologies:
profile extrusion

 film extrusion


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