23 September 2008 20:44 [Source: ICIS news]
HOUSTON (ICIS news)--Motiva has declared force majeure (FM) on all grades of Group II and II+ base oils from its Port Arthur refinery in Texas, the company said on Tuesday.
“Due to the impacts of hurricanes Gustav and Ike, which have severely affected production and transportation, Motiva Enterprises advised customers that it was declaring FM under its contracts for all grades of Group II and Group II+ base oils,” spokeswoman Robin Lebovitz said.
Motiva is the largest US Group II base oils producer with more than 40,000 bbl/day of nameplate capacity, according to the National Petrochemical & Refiners Association (NPRA).To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|