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Force majeure declared by Borealis on its Phenol/Acetone unit

Borealis a major Phenol manufacturer has declared force majeure on Phenol/Acetone unit at Porvoo owing power failure. At this point in time it is unclear when the force majeure will be lifted. The Porvoo site includes a 190,000-metric tons/year phenol plant and 118,000-metric tons/year acetone facility. A Borealis source dismissed reports that Borealis had declared force majeure on its 380,000-metric tons/year steam cracker, also in Porvoo. "Our cracker in Porvoo is fine, we only declared force majeure on our phenol and acetone production in Porvoo," the Borealis source said.