Foam's force majeure - Furniture Today Your allocation volume will be communicated to you by your account manager as soon as possible. Dear Valued Customer: The Dow Chemical Company is lifting the force majeure we declared on September 30, 2020 with respect to all North American MDI products, including, but not limited to, the following products: Feb 24th, 2021. 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Please use the button below and we will bring you back here when complete. Spezialisiert auf Ummantelungen aus Kunststoff hat Reiku mit rund 60 Mitarbeitern im vergangenen Jahr einen Umsatz von 14 Mio EUR erzielt. Suite 302 According to the latest news, BASF announced that the . Textile giant announced some factories to stop production and reduce production. und CFO Andreas Ptz (Foto: Surteco) Das Minuszeichen prgt den Geschftsbericht des Folien- und Profilherstellers Surteco (Buttenwiesen-Pfaffenhofen) fr das vergangene Jahr: Beim Umsatz gab es ein Minus von 1 Prozent auf 748 Mio EUR, beim . Dow: Chemiegigant rutscht in die roten Zahlen | KunststoffWeb Influence. October 1, 2021, 3:26 AM UTC Updated on October 1, 2021, 11:08 AM UTC. The company has not yet given a specific response to resume production. BASF, Dow Chemical Co. and other companies that supply foam producers with chemicals have declared force majeure, circumstances beyond companies' control that prevent them from meeting their . Dow Chemical: Declared Feb. 19, on 2-ethylhexanol and butanol . Dow regrets this situation and thanks you for your continued patience during this difficult period.We intend to keep you informed as new information becomes available. It seems that the extreme shortage of polyurethane has caused serious damage to industries such as furniture and mattresses. If you are a member of the press, you can request information directly from our press contacts team. Its the latest in a litany of disruptions, from snarled supply chains to a power crunch, that are creating a destructive mix for companies and consumers. Many chemical companies such as Dow, LyondellBasell and Covestro have ), AkzoNobel Announces Paint the Future Collaborations, ECHEMI Overseas Buyers Opinions on Chinese Suppliers and Industry Development, Sino-US Symposium on Natural Health Products. Houston Petrochemical producers were shutting down plants and some declared force majeure on products they make as a historic deep freeze enveloped the US . Dow Removes FM on MDI Products - Everchem Specialty Chemicals GreenChem furthers our Go Green initiative. Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher. Die weltweite Konjunkturschwche hat Dow Chemical (Midland, Michigan / USA) in die Verlustzone gedrckt. Privacy Policy |Terms of Sale|Terms and Conditions, Effective May 1, 2023; ExxonMobil will increase its prices for the following products: All grades, Effective April 29, 2023; CITGO Petroleum Corporation will increase its price for the following products:, Effective April 7, 2023; Lyonellbasell will increase its price for the following products: Isopropyl Alcohol, Effective April 1, 2023; Monument Chemical will increase its prices for the following products: DPM, Effective April 1, 2023; Monument Chemical will increase its price for the following product: Isopropyl, As a company, we are always looking for ways to Go Green, improve our sustainability, Effective March 15, 2023; The Dow Chemical Company will increase its prices for the following, Effective March 16, 2023; Monument Chemical will increase its price for the following product: Isopropyl, Effective March 9, 2023; ExxonMobil Product Solutions Company will increase its prices for the following, Effective November 5, 2022, Citgo Petroleum Corporation will advance off-list prices on Toluene and Xylene, Subscribe for exclusive offers and updates on new arrivals, 222 Clematis Street, Suite 207 West Palm Beach, FL 33401, Lyondellbasell Price Increases, April 7, 2023, Monument Chemical Price Increases, April 1, 2023. Houston Pursuant to the terms of the applicable Contract, Dow is excused from performance during the term of this Force Majeure event. The chemical giant layoffs 'self-help', more than 10% of its European employees! Ineos: Beginn der Phase 2 beim Cracker-Bau Project One" Dow: The supply of the 340,000-ton/year MDI device in Texas, USA was interrupted due to unexpected mechanical failures by . Listen to this article. By subscribing, you can get the latest Dow news and information delivered straight to your inbox. **BNSF Railway advised customers on Feb. 16 that many trains in Texas were holding due to widespread power outages and road closures that affected movement of train crews and other personnel, and delays in shipments were expected to last until conditions improve. Live market coverage co-anchored from Hong Kong and New York. Crazy' price hike! Wanhua, Dow and other giants all issued price As per the recent information, Dow Chemicals may announce maintenance turnaround on its Texas based 475,000 tons/annum Methyl Methacrylate (MMA) unit during this quarter. Das Duo an der Spitze: CEO Wolfgang Moyses (li.) **Olin: Freeport, Texas complex, with 3 million mt/year of caustic soda and 2.73 million mt/year of chlorine capacity; 748,000 mt/year of EDC, **OxyChem: Ingleside, Texas, 544,000 mt/year cracker; 248,000 mt/year chlor-alkali; 680,000 mt/year EDC; Deer Park and Pasadena, Texas, 1.27 million mt in PVC capacity; 1.79 million mt/year of VCM capacity; 580,000 mt/year chlor-alkali, **Shintech: Freeport, Texas: 1.45 million mt/year PVC. Press Releases | News & Media | Dow Corporate - Dow Chemical Company The company initially expected to resume operations within one to two weeks, but did not resume production until July 20, and went offline again 6 hours after resuming production. Fr das erste Quartal 2023 meldete der Ifo-Institut: Geschftsklima hellt sich weiter auf . The purpose of this letter is to advise that, due to circumstances beyond the reasonablecontrol of The Dow Chemical Company (Dow), Dow is unable to supply you with thequantities of Glycol Ethers, including: Methyl Glycol Ethers, extending an existing force majeure Ethyl Glycol Ethers Butyl Glycol Ethersprovided in the applicable Sales Contract or Purchase Order (Contract). Fibrant announces force majeure of the company's Cyclohexanone and caprolactam. Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. DOW Notice of Force Majeure. Sept 2021 - Greenchem Industries UPDATE 1-Dow declares force majeure on 2 chemicals Power was slowly being restored, though outages could persist because of damage to the distribution system or the need to restore power manually rather than by remote switching. Re: Notice of Force Majeure for Dow Propylene Oxide. We intend to keep you informed as new information becomes available.Click here to read the official letter.Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you. The negative impact on net income in the first quarter of 2006 was expected to be U.S. $20 - $25 million. Recently, driven by the increase in crude oil prices, force majeure of styrene plants in Europe and the United States due to extreme cold weather, and centralized maintenance of the plants, many major manufacturers have issued price increases. Affected by this, Dow's propylene glycol supply has declared force majeure, and the recovery time will be notified later! Monument Chemical Price Increase, March 16, 2023, ExxonMobil Price Increases, March 9, 2023. AnQore announces force majeure of the company's Acrylonitrile. 9/9/2021. Im Jahr 2021 wurden in Deutschland rund 17 Mrd PET-Getrnkeflaschen produziert: Dafr wurden rund 446.000 t PET verarbeitet; das sind annhernd 5 Prozent weniger als im Vergleichsjahr 2019. . . The floods affected the infrastructure for the transportation of Naphtha, a key raw material. SHARE THIS. 2023 by S&P Global Inc. All rights reserved. Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you. GreenChem furthers our Go Green initiative. . *Curve comparison and historical data download, View all products of Market Price & Insight. **ExxonMobil: Baytown, Texas, refining and chemical complex, including three crackers with a combined capacity of 3.8 million mt/year; 800,000 mt/year PP, **ExxonMobil: Beaumont, Texas, refining and chemical complex, including an 826,000 mt/year cracker; 225,000 mt/year HDPE; 240,000 mt/year LDPE; 1.19 million mt/year LLDPE with some HDPE capacity, **Dow Chemical: Certain units offline within Dow sites along the US Gulf Coast, but the company did not specify.