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Equistar Chemicals. Force Majeure Event

Equistar Chemicals. Force Majeure Event

Please find attached a new communication from Equistar Chemicals dated 29Aug22 concerning the force majeure event occurred in Ethylene Glycol Unit at their Bayport Ethylene Oxide and Derivatives plant:

Per the previous letter dated August 15, 2022, Equistar Chemicals L.P. declared a force majeure event
for Tri-Ethylene Glycol (TEG) and Heavy-Ethylene Glycol (HEG).
As a result of this event, for the foreseeable future, we are implementing a sales allocation for TriEthylene Glycol and Heavy-Ethylene Glycol of 100% of contract maximums or contract plans,
whichever is applicable. This allocation will apply for September 2022. Any subsequent allocation
changes will be communicated at a later date.

Please see complete information from Equistar Chemicals in the attached link.

Click here to read the official announcement.

Be sure to reach out to your dedicated GreenChem Sales Rep for further insight on how the latest chemical news might effect you.