Analysis Of The Current Situation Of Chemical Plants Under The Impact Of The Epidemic

BASF issued a notice letter that, in view of the Shanghai epidemic problems, the company's production base in Pudong BASF base closed control one after another, the current notice for March 28 to April 5, but according to the current Shanghai epidemic and logistics control policy, there is still a lot of uncertainty! This may lead to supply delays and disruptions!

At the same time, BASF has also announced force majeure for MDI at its US regional plants. According to BASF's latest news, the force majeure is still difficult to lift as of now.

Centurion declared a force majeure on production at its plant in Terneuzen, the Netherlands, at the beginning of April 2022.

In an official statement to customers, ExxonMobil said it plans to shut down part of its Singapore plant in April due to unforeseen external market factors that have severely impacted the company's business. Older units, including a 480,000 t/y PP line and a 600,000 t/y LLDPE unit, could be affected, as could a new 650,000 t/y LLDPE line.

In additionto the frequency of force majeure, another large number of installations are in a period of stoppage for maintenance or are about to undergo a period of maintenance, which will undoubtedly bring a more tense state to the market supply.

Production shutdown and maintenance

On the evening of April 13, Suzhou Longjie announced that the company has decided to temporarily suspend production for overhaul due to the epidemic, and the production line will be temporarily suspended from now on to use the suspension period to overhaul the equipment.

On April 12, Akoli indicated that, based on the escalation of the national epidemic control measures for the prevention and control of the new pneumonia epidemic and the epidemic control measures in the surrounding provinces and cities, strict control measures have been taken for personnel and vehicles in various places, and the supply of raw materials and sales of products required for the normal production and operation of Wuxi Akoli Technology Co.

The company has decided to temporarily suspend production from April 13, 2022 to use the suspension period for equipment maintenance, which is expected to last about seven days.

In order to minimise the impact of the temporary shutdownof the Company's production units, Akoli will strictly implement the relevant epidemic prevention and control measures of the government where the Company is located and actively cooperate with the government's epidemic prevention work to prevent the occurrence of epidemics.

On the premise of strictly complying with the requirements of epidemic prevention and control, we will strive to resume production in an orderly manner after the pressure of logistics and transportation is relieved, so as to minimise the impact of this temporary shutdown and maintenance.