DATE : 2014-05-09
The force majeure in place on methyl methacrylate (MMA) at UK-based producer Lucite International remains in place, a source from the company confirmed on Friday.
Lucite declared force majeure at its 200,000 tonne/year Cassel site on 24 April because of a lack of feedstock at its plant.
“We're still in force majeure. And we'll be providing an update as soon as possible,” the source said.
European supply volumes have tightened in recent weeks because of planned and unplanned outages, amid improving second-quarter demand from the coatings and construction sectors, market participants said.
SOURCE Icis News