DATE : 2017-02-17
INEOS Nitriles has announced to lift a force majeure (FM) on the supply of acrylonitrile (ACN) from its Green Lake plant in the US, market sources said on Monday.
The company declared an FM on 15 July, 2016, which was caused by the shutdown of a propylenepipeline supplying INEOS Green Lake unit, according to an earlier report by ICIS.
The company said in a letter to its customers that the pipeline operator completed necessary repairs to the propylene pipeline, which is now fully operational.
INEOS anticipates attaining normal shipments of ACN from the US to Asia during January and February 2017, which means deliveries to all customers will return to normal from 1 March, 2017.
The Green Lake ACN unit has a 545,000 tonne/year capacity.
Source Icis News