The Dow Chemical Co. has declared force majeure for phenol in the Americas due to circumstances beyond its reasonable control.
Dow’s phenol manufacturing asset located within the Oyster
Creek, TX, facility was down for a scheduled two-week maintenance turnaround
when a broken heat exchanger was discovered. This heat exchanger falls under Texas state regulations
as a steam generator and is regulated as such. As a result, the shutdown will continue
in order to make the repairs to comply with state regulations.
Dow will work to return to normal supply levels as soon as the
plant is repaired and normal operating rates resume. The situation is expected
to be resolved by mid-April.
For more information, visitwww.dow.com.