US Polypropylene Producer Lifts Another Force Majeure
August 06, 2021
More Polypropylene (PP) supply availability could soon be on the way from a major North America resin supplier.
LyondellBasell said in a letter to customers on Friday it has lifted the Force Majeure (FM) on PP at its Bayport facility in Texas. The company declared the FM in connection with Winter Storm Uri back in February, which severely affected production and logistics for much of the US Gulf Coast supply chain.
Although it was lifting the FM, a sales control program will remain in place.
LyondellBasell's announcement comes the same week it brought full PP production lines back at its Lake Charles facility in Louisiana following a lightning strike that shut all plant production lines in mid-July.
Before the lightning strike, LyondellBasell lifted its FM on PP at Lake Charles, but also kept a sales control program in place there.
The company joins one other major resin supplies coming off a FM this month. TotalEnergies said last week they plan to partially end FM on PP from its La Porte,Texas facility in early August. However, the company noted that exiting FM will not "open the door to unlimited supply" and they would need additional time to rebuild inventories to reasonable levels, especially during hurricane season.
By Brian Balboa for The Plastics Exchange.
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