Update on the supply of Methacrylates

Lucite International has successfully re-started operations at its Cassel Site, and has now resumed the despatch of methacrylate monomers; however inventories remain at very low levels.

Lucite International will therefore lift its declaration of Force Majeure as of 1st November 2017, but will continue to operate a formal sales control process until further notice. Available volumes of MMA, MAA and nBMA will be allocated to customers on a fair and reasonable basis.

Globally, the MMA market remains tight, with an overall shortage of product being seen in each of the three regions and therefore also here in the EMEA region, which continues to require a level of imports to augment EU production and fully satisfy demand. We look forward to the successful commissioning of the new SAMAC MMA plant in the Kingdom of Saudi Arabia and will share further news on this as soon as possible.

 

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