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LyondellBasell Notifies Customers of Likely Service Slowdown as Railworker Strike Looms
09/13/2022


With a potential railworker strike on the horizon, one major resin producer has notified customers of a possible slowdown in service.

In a letter to customers on Tuesday, LyondellBasell said it will be able to ship until September 15, with the exception of toxic and poisonous (TIH/PIH) and time-sensitive material.

Currently, the National Labor Contract remains in a 30-day cooling-off period, which ends on September 16. Only 10 out of 12 unions have agreed to the new labor agreement with railroad companies.

Railroads have already implemented an embargo on TIH/PIH and time-sensitive material shipments, which for LyondellBasell includes Ethylene Oxide, Allyl Alcohol, Ethylene, and Styrene Monomer. The company added it should expect service to slow down up to 72 houses before the end of the cooling-off period as railroads prepare for a stoppage should a strike occur.

A railroad work stoppage could cost the US economy $2 billion a day in output and require 467,000 long-haul trucks daily to manage shipments diverted from rail - exceeding supply, according to the Association of American Railroads.

By The Plastics Exchange.



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