Iran’s Pars Petrochemical declares force majeure on SM supply

01 February 2012 06:42  [Source: ICIS news]

SINGAPORE (ICIS)--Iran’s Pars Petrochemical has declared force majeure on its styrene monomer (SM) supply after its facility was shut on 28 January because of utilities issues, a company source said on Wednesday.

The 600,000 tonne/year facility is located at Assaluyeh.

“The force majeure was effective from 29 January and we have cancelled a 12,000 tonne shipment to China in early February,” the source said.

The force majeure is expected to last until at least 8 February. The company has not indicated when the facility will be restarted.

Please visit the complete ICIS plants and projects database

By: Clive Ong
+65 6780 4359

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.

Printer Friendly