MOSCOW (MRC) -- Polish chemicals maker Synthos halted production at its three facilities in the Czech Republic due to a risk that a pump station on the swollen Vltava river may be flooded, the company said on Monday, said Reuters.
Floods across central Europe forced factories to close, drove thousands from their homes and killed at least seven people. The Czech Republic, where a state of emergency was announced, faces the worst flooding in a decade.
Synthos, one of the largest makers of chemical raw materials in Poland, said the three facilities located in Kralupy, north of Prague, are not directly at risk from floods.
The company said it could not say how long the outage might last.
As per ICIS-MRC Price Report, Synthos has not yet announced its EPS price for June. Suppliers of Polish PS to Ukraine expect prices to remain steady or grow slightly.
Synthos set its EPS price for May at EUR1,460/tonne FCA. In April the value of the Polish polystyrene ranged EUR1,470-1,570/tonne FCA.
Synthos S.A. is one of the largest manufacturers of chemical raw materials in Poland, as well as being Europe’s No. 1 manufacturer of emulsion rubbers and third largest manufacturer of polystyrene for foaming applications.
MRC