PETROCHEMICAL MARKETS
Shin-Etsu declares force majeure for PVC from Kashima
In the wake of the deadly natural catastrophes that hit Japan, it comes as no surprise that leading global PVC manufacturer Shin-Etsu Chemical (Tokyo / Japan; www.shinetsu.co.jp) has declared force majeure for deliveries from its plant in Kashima. The company also announced FM for silicium wafers manufactured in Shirikawa. With a nameplate capacity of 500,000 t/y of PVC, Shin-Etsu's plant in Kashima is the largest of its kind in Japan.
The Japanese PVC producer said it was reviewing the extent of the quake and tsunami-related damages, adding that it is still unclear how long force majeure will remain in place. For a detailed report on the effects of the recent natural catastrophes on Japan's petrochemical sector, see Plasteurope.com of 18.03.2011.
The Japanese PVC producer said it was reviewing the extent of the quake and tsunami-related damages, adding that it is still unclear how long force majeure will remain in place. For a detailed report on the effects of the recent natural catastrophes on Japan's petrochemical sector, see Plasteurope.com of 18.03.2011.
22.03.2011 Plasteurope.com [218963-0]
Published on 22.03.2011