The company reports that the action comes as a result of intensifying force majeure conditions and operational failures experienced by multiple suppliers of critical raw materials. Production challenges caused by these raw material supply disruptions, as well as other operational issues in its Acetyl Chain U.S. gulf coast network, are being assessed and actions are being taken to offset production losses.
“Right now, we anticipate that our second quarter U.S. gulf coast production of acetic acid and VAM will be negatively impacted by 15 to 20 percent as a result of these temporary challenges which we are still navigating,” said Mark Murray, senior vice president of the Acetyl Chain.