Formosa preparing to lift force majeure on PP, PE from Point Comfort
After having shut its complex on August 24, the company declared force majeure on PE and PP from its Point Comfort complex on August 28, three days after Hurricane Harvey hit the land.
Formosa also restarted its steam 818,000 tons/year cracker on September 5, after having initiated the restart procedure first on September 4. However, the company’s force majeure on its 736,000 tons/year of chlor-alkali and 798,000 tons/year of PVC plants remains in place.
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