news

BASF declares force majeure from US TDI Plant

2020-07-2444

2020/07/24 HOUSTON--BASF has declared force majeure from its toluene diisocyanate (TDI) plant in Geismar, Louisiana, a company spokesperson confirmed on Friday.

The plant has a capacity of 160,000 tonnes/year, according to the ICIS Supply and Demand Database.

TDI supplies in the US have been sufficient to meet demand in recent months as the economic impacts of the coronavirus outbreak resulted in reduced consumption for TDI and downstream polyurethane systems.

Demand has started to pick up from the low points seen in April and May as automotive plants are resuming production while demand for furniture and bedding is starting to approach pre-crisis levels.

TDI is mainly used for the production of polyurethane (PU) flexible foams used in upholstery, mattresses and automotive seats.

Major US TDI producers include BASF and Covestro.



Middle East Isocyanates, Polyols supply to stay tight

2020/09/01 SINGAPORE–Isocyanates and polyol markets in the Middle…

On Sep29, 2020
BASF declares force majeure from US TDI Plant

2020/07/24 HOUSTON--BASF has declared force majeure from its tolu…

On Jul24, 2020
Mattress anti-dumping is coming to Southeast Asia? 1000% in Vietnam and 773% in Thailand

2020/03/01-- seven mattress manufacturers and two unions represen…

On Mar01, 2020