Basell force majeure revocation excludes Ontario plant

Basell has lifted its force majeure for all of its commercial sales of polypropylene (PP) in North America with the exception of sales of PP produced at Basell’s Sarnia, Ont. facility.
Nova Chemicals, the monomer supplier to Sarnia plant, declared force majeure as a result of a maintenance shutdown at its Corunna facility.
Nova is not yet producing monomer in quantities sufficient to meet Basell’s needs.
As a result, Basell cannot guarantee availability of all products requested from the Sarnia plant so force majeure as to material from that plant remains in effect.
Basell declared force majeure on Sept, 26, 2005.
On the up side, while manufacturing, inventory and transportation situations have not yet fully returned to pre-hurricane levels, Basell believes it is now in a position to meet its customers’ production and delivery needs.
However, the revocation of force majeure does not apply to PCMA materials, Lupolen materials or materials produced using the Catalloy process. Those declarations of force majeure remain in effect.