Oxea issues force majeure on intermediates after malfunction in Texas
7/7/2014 12:00:00 AM
Oxea Corp. has encountered a significant production issue at its facility in Bay City, Texas, the company announced on Monday.
Due to a malfunction in the production process that could not be avoided, Oxea said it has been unable to resume full production.
As a result, Oxea has been forced to make a declaration of force majeure, effective immediately, for the following products:
- n/i Butanol
- n/i Butyl Acetate
- n-Propanol
- n-Propyl Acetate
Oxea says it is currently evaluating the effects of this event on its production capability and ability to supply.
All inventories of oxo and ester products are extremely low throughout the supply chain, according to company officials.Customer orders are being carefully monitored in an attempt to keep delays to a minimum.
Customers with any questions are advised to contact their Oxea account manager.
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