A June 5 fire at a Formosa Plastics Corp. USA plant in Texas has caused "a significant impact" to specialty PVC resin operations at the site.
No one was hurt in the fire, which occurred late June 5 at Formosa's complex in Point Comfort. The fire was quickly brought under control and extinguished by the site's Emergency Response Team, company officials said in a customer letter provided to Plastics News.
As a result of production capacity impacts caused by fire damages, officials said that Formosa's Specialty PVC division is extending current force majeure sales limits for all of its Formolon-brand specialty PVC resin grades.
They added that Formosa's specialty PVC division will be revising sales allocation restrictions for all specialty PVC resin grades in June, July and August. June orders already entered and not shipped will be revised based on the updated allocation guidelines.
Officials said that shipment delays "are to be expected" and that orders for all products "will be subject to our ability to supply."
"Formosa Plastics is making every effort to return back to normal production as quickly as possible," they added.