Ineos Styrolution to lift force majeure on PS, ABS to Italy, Switzerland
The company declared force majeure on its PS and ABS supplies to Italy and Switzerland on September 15, due to a land slide of the Karlsruhe-Basel railway line, which is an important corridor connecting the ports of Rotterdam, Hamburg and Antwerp with Switzerland and Italy.
Accordingly, Synbra announced force majeure on its EPS deliveries to Italy and Switzerland on September 20, on the back of the same logistical issues.
In Europe, supply concerns regarding the transportation problems have forced buyers to shift their traffic routes from rail to either to road or inland shipping, nearly doubling their costs.
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