Flood-hit Spolana says FM to last until at least 20 June

06 June 2013 17:08  [Source: ICIS news]

LONDON (ICIS)--Flood-stricken Czech polyvinyl chloride (PVC) and caprolactam (capro) producer Spolana expects to maintain a force majeure on the delivery of products until at least 20 June, the company said on Thursday.

Spolana preventively shut down all its plants and moved production components and raw materials to secure areas on 3 June prior to the inundation of its production site in Neratovice, north of Prague, by the River Elbe.

The company's production installations include a 135,000 tonne/year PVC plant, a 40,000 tonne/year caprolactam plant and a 150,000 tonne/year caustic soda plant.

Spolana is owned by Poland's Anwil PVC and nitrogen fertilizer producer, which in turn is owned by the Polish PKN Orlen oil and petrochemicals group.

Floods which have ravaged central Europe are known to have killed at least 15 people and forced the evacuation of tens of thousands of people from their homes.

By: Will Conroy
+44 20 8652 3214

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