ConocoPhillips declares FM on PP impact copolymers

27 August 2010 00:03  [Source: ICIS news]

HOUSTON (ICIS)--ConocoPhillips declared a limited force majeure (FM) on polypropylene (PP) impact copolymers, the company said on Thursday.

In a brief statement, the company said it would keep customers informed of the progress to restore production and delivery of the product.

Details about the cause of the FM declaration were not provided.

According to a market source, the company had supply issues affecting all PP grades and was cutting shipments in some cases where customers had alternate supplies available.

ConocoPhillips has a PP capacity of 750m lb/year (340,000 tonnes/year) at its Bayway refinery in Linden, New Jersey.

For more on ConocoPhillips’ Linden, New Jersey plant, visit ICIS plants and projects
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By: David Barry
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