Skip to content

Filter Options
Text :
Search Criteria :
Territory/Country :
Product Group/Product :
News Type :
My Favorites:
 

Shin-Etsu eyes Shell to lift FM on PVC

by ChemOrbis Editorial Team - content@chemorbis.com
  • 08/08/2017 (14:04)
Late last week, Shin-Etsu had declared force majeure on PVC k67 output from its 450,000 tons/year plant in Pernis after Shell’s refinery and downstream units were affected by a fire. Following this, Shell declared force majeure on its ethylene and propylene output from the Moerdijk cracker due to the disrupted naphtha supplies from the Pernis refinery, which is expected to resume operations only by the second half of August. Shin-Etsu is linked to Shell as it obtains ethylene for its PVC production from Shell’s Moerdijk plant.

A source close to the company reported, “The force majeure on k67 supplies remains in place while we are currently producing other grades regularly. However, we still don’t know whether specialty grades will be affected by the force majeure. Moreover, we have no plan to lift the force majeure as long as Shell’s force majeure on its ethylene supplies remains in place. As we have already wrapped up our August business, this will not have a huge impact for this month, although the September business might be affected.”

Meanwhile, spot ethylene prices in Europe reached the highest levels since mid-June, according to weekly average levels on ChemOrbis Price Wizard.
Free Trial
Member Login