Oxo- alcohols, plasticizers players concerned about French strikes
Yana Palagacheva
26-May-2016
LONDON (ICIS)–European oxo-alcohols and plasticizers market
participant said late on Wednesday that they are concerned
about the strike activity in France, but no direct impact on
the market supply has been noted.
Depending on the duration of the strike, however, some
further effect is expected.
A series of strikes is affecting all eight of France’s
refineries but impact on feedstock propylene has been
described as “patchy” so far.
Other plasticizers feedstock orthoxylene (OX)
has also been affected, with Total reportedly
declaring force majeure as a result of the strike
activity.
Both oxo-alcohols and plasticizers production in France is
understood to be running with no noteworthy impact at this
stage.
“We have been able to pass quite normally through the
difficulties, but the situation is not totally normal – we
are working around it,” an oxo-alcohols producer said.
“I am also concerned especially if the total strike of all
refineries is lasting. So far I am not registering any
concern, but possibly too early to see. But I would be
surprised if there is not effect on the plasticizers
market,” a plasticizers producer added.
Participants from both markets are preparing to start June
pricing negotiations soon.
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.
Want to learn about how we can work together to bring you actionable insight and support your business decisions?
Need Help?