BASF lifts force majeure on 1,4-Butanediol and derivatives in North America
BASF has lifted the force majeure on 1,4-Butanediol (BDO) and its derivatives in North America effective immediately.
The force majeure was the result of two independent events during the week of January 14, 2018, which impacted production at our Geismar, Louisiana manufacturing facility. On Sunday, January 14, 2018, a natural gas fire occurred near BASF’s Geismar facility and disrupted the site’s natural gas supply, followed by record low temperatures for several consecutive days, along with rain, sleet and snow in the southern Louisiana area. BASF’s BDO and derivative products will remain on sales control until inventories fully return to acceptable levels.
BDO and its derivatives are used for producing engineering plastics, polyurethanes, solvents and elastic spandex fibers.
About BASF
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 18,200 employees in North America, and had sales of $17.9 billion in 2017. For more information about BASF’s North American operations, visit www.basf.com.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The more than 115,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of €64.5 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.
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