Dow Declares Force Majeure for Peroxymeric Chemicals
September 7, 2005
RMIDLAND, Michigan -- Peroxymeric Chemicals (PXC), a business unit of Epoxy Products and Intermediates (EP&I) of The Dow Chemical Company, announced that it is declaring force majeure for all products. They include: CYRACURE™ cycloaliphatic epoxides, FLEXOL™ epoxidized soybean and linseed oils, and TONE™ polyols, polymers and monomers.
Dow produces all PXC products using raw materials from a plant at the Union Carbide* facilities at St. Charles Operations (SCO) in Hahnville, La.
"Our ability to ship PXC products out of SCO has been completely halted by the impact of Hurricane Katrina," said Joerg Duebel, PXC product manager, Dow EP&I. "We are still assessing the situation and do not know when we will be able to restore normal operations or ship product from the site.
"Our primary concern is the safety of our employees and our community," added Duebel. "We will focus on restoring normal operations as rapidly as is safely possible, but this is heavily dependent upon a number of issues, including availability of power, steam, utilities, raw materials and transportation. In the meantime, we will be working closely with our customers to lessen the impact of this situation on their business."
Dow expects to maintain its force majeure status for these products until operations and transportation challenges are completely resolved.
About The Dow Chemical Company
Dow is a leader in science and technology, providing innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $40 billion, Dow serves customers in 175 countries and a wide range of markets that are vital to human progress: food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow and its 43,000 employees seek to balance economic, environmental and social responsibilities. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.
