BASF maintains force majeure on SM, resumes propylene oxide supply from Singapore
Singapore (Platts)--30Sep2013/558 am EDT/958 GMT
BASF South East Asia is still maintaining the force
majeure on styrene monomer supply out of Singapore Monday, despite
lifting it for propylene oxide, a company spokeswoman said without
giving more details.
The halt in SM supply to customers followed its Singapore-based joint venture Ellba Eastern declaring a force majeure on SM supply from the 550,000 mt/year SM/propylene oxide plant to partners BASF and Shell on September 16. Ellba lifted its force majeure last Friday, September 27.
Among BASF's customers is Styrolution -- a 50:50 joint venture between BASF and INEOS -- with acrylonitrile-butadiene-styrene and polystyrene plants in South Korea, Thailand and India.
Styrolution subsequently also declared force majeure to affected customers in South Korea and India.
Shell meanwhile, has continued supplying SM to its own customers throughout the force majeure from Ellba.