Celanese lifts force majeure on acetic acid, VAM in western Hemisphere
Al Greenwood
08-Aug-2024
HOUSTON (ICIS)–Celanese has lifted the force majeure it declared on acetic acid and vinyl acetate monomer (VAM) sold in the western Hemisphere, the US-based acetyls producer said on Thursday.
Celanese had declared force majeure earlier in the year after two feedstock suppliers suffered from disruptions.
During an earnings call, Celanese said the effect of the force majeure was limited because of soft overall demand amid a difficult macro-economic environment.
Thumbnail shows adhesive, which is typically made with VAM. (Image by Shutterstock)
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