NewsFlashJX Nippon Oil may declare force majeure on PX supply
14 March 2011 09:10 [Source: ICIS news]
SINGAPORE (ICIS)--JX Nippon Oil and Energy will likely declare a force majeure on paraxylene (PX) supply to all its customers at the close of business on Monday, said a company source.
Contract allocations were expected to be reduced by up to 50% through March to end-April, according to a key customer of the company.
By: Bohan Loh
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