MOSCOW (MRC) -- Austrian polyolefin supplier Borealis AG has lifted a force majeure declared early last month at its production site in Kallo, the company has confirmed to PNE.
On 2 Sep, the company declared force majeure on refinery grade propylene and propane from its production site in Kallo, Belgium, as a consequence of “unforeseen technical issues."
At the same time, the company’s operations in Burghausen, Germany experienced "an incident" due to a disruption in the monomer supply from the nearby OMV cracker on 24 Aug, which resulted in a force majeure on all of its Burghausen production on 2 Sept.
The FM in Burghausen is still in place, Borealis told PNE 1 Oct.
Borealis produces polypropylene at the Burghausen site.
According to MRC's ScanPlast report, the estimated PP consumption in the Russian market was 796,120 tonnes in January-July 2019, up by 11% year on year. Shipments of PP block copolymer and homopolymer PP increased.
Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. With headquarters in Vienna, Austria, Borealis currently employs around 6,500 and operates in over 120 countries.
MRC