The Urethane Blog

Covestro Lifts Force Majeure

Covestro lifts force majeure on MDI, TDI in Europe

27 December 2016 18:21 Source:ICIS News

This is made of foamHOUSTON (ICIS)–Covestro lifted a force majeure (FM) it declared on methyl di-p-phenylene isocyanate (MDI) and toluene di-isocyanate (TDI), the German firm said on Tuesday.

Covestro¬†declared the force majeure in early October, after the company’s nitric acid supplier had production problems.

That supplier had lifted its own force majeure and started supplying Covestro with nitric acid, the company said. As a result, Covestro was able to resume full deliveries of MDI, TDI and its byproducts.

Covestro said the force majeure should not have any bad effects on the company’s business targets for 2016.

Covestro operates three MDI plants in Europe with a total capacity of 570,000 tonnes/year, according to ICIS plants and projects. It also operates three TDI plants in Europe with a total capacity of 540,000 tonnes/year.

MDI and TDI are used to make polyurethanes.

(Top Image: The object is made of polyurethane foam. Photographer View Pictures/REX/Shutterstock)

By Al Greenwood
http://www.icis.com/resources/news/2016/12/27/10066104/covestro-lifts-force-majeure-on-mdi-tdi-in-europe/?cmpid=SOC%7CRSS%7Ctwitter%7CFreeNewsFeed