Oltchim declares force majeure on polyether polyols from Romania

04 June 2010 11:22  [Source: ICIS news]

LONDON (ICIS news)--Oltchim has declared force majeure on flexible polyether polyols from its Romanian facility starting from 1 June 2010 until further notice due to ethylene oxide (EO) feedstock shortages, said a company source on Friday.

The European ethylene oxide market was described as tight by market sources due to numerous planned maintenance works at several facilities in Europe. On top of this, Oltchim said there was an extended period of maintenance at its major EO supplier.

Oltchim stressed that it was currently making its best efforts to solve the situation and resume deliveries as soon as possible.

The Romanian site has a total nameplate capacity of 135,000/tonnes/year, the company source added.

This included 100,000/tonnes year of production for standard high resilience polyols, CASE polyether polyols and standard flexible polyether polyols. Rigid polyol production amounted for the remaining 35,000tonnes/year. 

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By: Heidi Finch
+44 20 8652 3214

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