Karlsruhe-Basel rail line set to be operational earlier than expected
On August 12, the ground above the new Rastatt tunnel in Germany subsided during a drill work conducted by Deutsche Bahn, which warped the railway tracks. Since then, rail transportation was immensely affected across Europe, resulting in higher freight rates as well as force majeure declarations stemming from delivery delays for many industry participants.
Shortly before the news come out, Ineos Styrolution reported to be planning to lift its force majeure on PS and ABS deliveries to Italy and Switzerland by early October, once the Karlsruhe-Basel railway is re-opened.
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