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07-17-2015

Vestolit Lifts Force Majeure

On May 22, 2015, Vestolit GmbH, Marl, Germany, was forced to declare Force Majeure with respect to PVC and Caustic Soda after the BPRP ethylene cracker in Gelsenkirchen-Scholven, Germany, was damaged and the Ethylene feedstock supply was limited substantially.

The repair of the cracker took longer than initially expected, but meanwhile BPRP has returned to a normal supply of Ethylene and lifted its Force Majeure declaration accordingly. Vestolit have simultaneously restarted their production units over the last days and are now in a position to lift their Force Majeure with immediate effect. However, the company will still need some time to return to a situation of normal product availability, but is confident to achieve this in due course.

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