Pinnacle declares force majeure for polypropylene

By Frank Esposito
Senior Staff Reporter

Published: June 26, 2013 5:09 pm ET
Updated: June 26, 2013 5:10 pm ET

Related to this story

Topics Materials, Resin Pricing, Materials Suppliers

North American polypropylene supplies will be further tightened after Pinnacle Polymers declared force majeure on PP production at its plant in Garyville, La.

Declaring force majeure “will impact our ability to fulfill orders,” Pinnacle President Mark Knorr said in a June 24 letter to customers.

The situation “is the result of an interruption in the normal supply of [propylene] monomer to our plant from multiple sources,” he added. “We are unable to calculate the impact of this interruption at this time.”

Garyville-based Pinnacle operates about 800 million pounds of annual PP capacity at its plant there.

The announcement comes just a few weeks after Formosa Plastics Corp. USA declared force majeure at its PP operations in Point Comfort, Texas. Formosa officials cited only “unplanned outages” as a reason for their firm’s action.

 


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Pinnacle declares force majeure for polypropylene

By Frank Esposito
Senior Staff Reporter

Published: June 26, 2013 5:09 pm ET
Updated: June 26, 2013 5:10 pm ET

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