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Formosa USA declares FM on PE, PP output

by ChemOrbis Editorial Team -
  • 28/06/2017 (09:32)
According to market sources, the Formosa Plastics USA declared force majeure on all grades of PE and PP output from its complex in Point Comfort, Texas following an unscheduled shutdown due to an electricity outage on June 24.

The force majeure is expected to last for more than a week, sources reported.

The complex has a production capacity about 1.5 million tons/year of HDPE, 582,000 tons/year of LLDPE and 1.9 million tons/year of PP.
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