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Celanese Declares Force Majeure on Western Hemisphere Acetic Acid, Vinyl Acetate Monomer
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Celanese Declares Force Majeure on Western Hemisphere Acetic Acid, Vinyl Acetate Monomer
Jun 7, 2024 6:16 AM

08:57 AM EDT, 06/07/2024 (MT Newswires) -- Celanese (CE) said Friday that it has declared force majeure and sales control for acetic acid and vinyl acetate monomer sold in the Western Hemisphere.

The company attributed the declaration to intensifying force majeure conditions and operational failures experienced by multiple suppliers of critical raw materials. It also said that it is assessing production challenges caused by the supply disruptions, as well as other operational issues in its Acetyl Chain US gulf coast network.

Celanese said it is taking action to offset production losses.

The company said it expects its Q2 US gulf coast production of acetic acid and vinyl acetate monomer will be negatively impacted by 15% to 20%. "There may also be a volume impact in the quarter," the company quoted its senior vice president of the Acetyl Chain, Mark Murray, as saying.

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