Recently, there have been many accidents among international giants.
On May 3, Dow issued an emergency notice saying that due to the accident of a supplier of upstream raw materials, its ability to supply key raw materials to Dow’s business was interrupted. Affected by this, Dow’s propylene glycol supply declared force majeure, and the recovery time Follow-up notice!
On April 15, a mechanical failure occurred at LyondellBasell’s carbon monoxide supply system for its acetic acid feedstock in La Porte Complex, Texas. The third largest glacial acetic acid production base in the world. Therefore, LyondellBasell really declared force majeure on products such as tert-butyl acetate and ethylene glycol ether acetate (EBA, DBA) on April 22.
The notice shows that the allocation is based on the average monthly purchases of customers over the past 6 months (October 2021-March 2022), which will be effective from May 1, 2022. The news indicates that the above-mentioned raw materials will be supplied in limited quantities according to the previous purchases of customers.