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Global raw material prices continue to rise, and overseas chemical giants have announced official price increases since May, but after entering May, prices have indeed risen, and foreign chemical giants have issued force majeure announcemen.
On May 6, BASF announced on its official website that in a letter to customers, BASF announced a force majeure declaration on the supply of polyether polyols and polyurethane systems based on these polyols in Europe, the Middle East and Afri.
The BASF Dow HPPO production company located in Antwerp, Belgium was jointly established by BASF and D.
On April 29, Dow also issued an emergency notice saying, "Affected by the accident of a supplier of upstream raw materials, its ability to supply key raw materials to Dow's business was interrupt.
On May 6, Americas Styrenics (AmSty), a mainstream North American polystyrene producer, stated in a letter to customers that "in light of recent production issues and supply chain challenges, it is conducting a distribution process for its polystyrene produc.
In addition, TotalEnergie recently stated in a letter to customers that "TotalEnergie has declared force majeure on North American PP products due to a shortage of additives required to produce certain grad.
ExxonMobil has also issued force majeure on PP products, with Exxon Mobil saying in a letter to customers that "due to current operational constraints, it will begin to allocate sales of specific PP grad.
ExxonMobil has also issued force majeure on PP products, with Exxon Mobil saying in a letter to customers that "due to current operational constraints, it will begin to allocate sales of specific PP grad.
