Sunday, March 4, 2012

More Companies Declare Force Majeure After Hurricanes.

DuPont says it has declared force majeure for its ethylene copolymers business due to storm surge damage sustained at its Sabine, TX facility as a result of Hurricane Ike. Based on preliminary assessments of damages, "it is not clear when restart will occur," DuPont says. The company, which shut down nine manufacturing sites ahead of the storm, says its Corpus Christi and Houston powder coatings sites are operational and its Victoria, Baytown, and Bayport sites "could be operational" sometime this week, contingent on restoration of power, delivery of raw materials, infrastructure and logistical considerations, and personnel. However, DuPont's Sabine, LaPorte, Beaumont, …

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