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ExxonMobil Discontinues Polypropylene Sales Allocation
August 17, 2021

A third US Polypropylene (PP) producer is working towards freeing up supply availability in August.

ExxonMobil said in a letter to customers on Tuesday that it will discontinue allocating sales of its Polypropylene resins. The allocation was implemented back in February following Winter Storm Uri, which severely affected production and logistics for much of the US Gulf Coast supply chain.

Although it will stop allocating PP sales, ExxonMobil noted it would implement sales control until it can rebuild inventory to a balanced level.

The company's announcement comes after two other producers notified customers earlier in the month that they were lifting their PP Force Majeure's (FM). LyondellBasell lifted the FM on PP at its Bayport facility in Texas, and TotalEnergies partially ended FM on PP from its La Porte, Texas, facility.

Similar to ExxonMobil's statement, TotalEnergies said they would need additional time to rebuild inventories to reasonable levels, especially during the US Gulf hurricane season.

By Brian Balboa for The Plastics Exchange.

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