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Ineos declares force majeure on mLDPE supply from Cologne, Germany

April 23/2021

MOSCOW (MRC) -- Ineos has declared force majeure (FM) on its metallocene linear low density polyethylene (mLLDPE) supplies from its plant in Cologne, Germany, following an unplanned outage on April 6, according to NCT with reference to a source familiar with the issue.

The company could not be reached for comments at the time of publication, however.

The companys Cologne LLDPE plant has a production capacity of 230,000 mt/year.

This site also houses another plant with the capacity of around 400,000 mtyear of low density polyethylene (LDPE).

We remind that Ineos declared FM on its LDPE supplies from Cologne, Germany due to a power outage on November 11, 2020. The force majeure was slated to last for 3 weeks. The companys mLLDPE unit at this site was reported to be unaffected,

As MRC informed before, in January 2019, INEOS announced Antwerp as the location for its new petrochemical investment. The EUR3 billion investment will be the biggest ever made by INEOS and is first cracker to be built in Europe in 20 years. The investment is a game changer for the chemical sectors and will bring huge benefits to the Belgium and wider European economies.

According to MRC's ScanPlast report, Russia's estimated polyethylene (PE) consumption totalled 356,370 tonnes in the first two month of 2021, down by 9% year on year. Shipments of exclusively LDPE increased.

INEOS Group Limited is a privately owned multinational chemicals company consisting of 15 standalone business units, headquartered in Rolle, Switzerland and with its registered office in Lyndhurst, United Kingdom. It is the fourth largest chemicals company in the world measured by revenues (after BASF, Dow Chemical and LyondellBasell) and the largest privately owned company in the United Kingdom.


mrcplast.com
Author:Margaret Volkova
Tags:PE, LLDPE, propylene, LDPE, ethylene, Ineos, Belgium, Germany, Russia.
Category:General News
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