Occurrence of a Force Majeure Event –ALTIVIA PETROCHEMICALS, LLC

In Blog, News, Pricing by John Lagae

High-water levels along the Ohio River have impacted operations at ALTIVIA Petrochemicals, LLC’s Haverhill, Ohio Manufacturing facility. The unforeseen high-water levels have caused disruptions to ALTIVIA’s loading and unloading facilities on the Ohio River and the docks are currently inoperable. The disruptions have restricted receipt of raw materials and shipment of finished products. This has had a bigger impact on phenol availability than acetone or alpha methylstyrene (AMS).

The February delays described above have impacted ALTIVIA’s ability to perform under the Agreement during the month of March 2019. ALTIVIA will provide customers with updated information once dock availability is confirmed. The current outlook, for the Ohio River water levels to return to safe operational levels, is 7-10 days out. ALTIVIA will continue to monitor the situation closely and will notify customers of any changes.

For more information please check out the full ALTIVIA press release Here

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