Borsodchem Declares Force Majeure on MDI
BorsodChem declares force majeure on MDI and chlorine/caustic soda production
BorsodChem announced that due to an unforeseen technical problem at one critical raw material supplier it is forced to stop production at its MDI plant in Kazincbarcika, Hungary. According to the company, the chlorine/caustic soda production at the site is also impacted. As a consequence, BorsodChem has declared Force Majeure on the deliveries of all MDI products and chlorine/caustic soda effective from 14 August 2017 until further notice.
The company said during the period of Force Majeure it can not guarantee that all deliveries are executed in time, and in some cases considerable delays might also happen. Recovery efforts are underway and BorsodChem said it is doing its utmost to minimise potential impact on customers. Clients will be continuously kept informed about supply capability, the company said.
BorsodChem is part of Wanhua Group, which is one of the largest MDI producers in the world, with more than 2,000 kt/y MDI capacity. BorsodChem is a producer of MDI, TDI and other speciality chemicals in Central and Eastern Europe.
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