USA producers declared force majeure after Laura Hurricane
USA producers declared force majeure after Laura Hurricane
Several USA producers have declared force majeure on production outputs following the shutdown last week ahead of the Laura Hurricane made landfall on 25 August 2020. Apparently, the hurricane caused widespread power outages that could take longer than expected to restore.
The following table detailed producers and plants that have declared force majeure:
|
Producer |
Product |
Capacity |
|
Westlake Chemical |
EDC |
670,000 |
|
VCM |
460,000 |
|
|
PVC |
3.039,068 |
|
|
|
|
|
|
Sasol |
LLDPE |
470,000 |
|
|
|
|
|
INEOS Olefins |
HDPE |
460,000 |
|
|
|
|
|
Formosa Plastics USA |
PVC |
798,000 |
|
PVC |
513,000 |
A number of other producers are still partially offline since last week including Lotte Chemical, LyondellBasell, Dow Chemical, and Chevron Phillip.