DATE : 2017-09-05
Acrylonitrile (ACN) producer INEOS declared force majeure at its Green Lake plant in Texas, a source said on Tuesday, as a result of problems associated with Hurricane Harvey.
The plant was shut on 25 August ahead of the hurricane's landfall near Corpus Christi, Texas.
The source did not provide an expected date for the plant to resume production. It remains unclear to what extent the storm affected the plant.
Separately, Ascend Performance Materials, another major producer of US ACN, declared force majeure on 27 August.
The force majeure declarations are expected to cause major supply issues in the US ACN market.
Major ACN producers in the US include Ascend Performance Materials, Cornerstone Chemical and INEOS Nitriles.
Source Icis News