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Ascend declares force majeure on nylon 66 polymers, compounds
HOUSTON, July 12, 2018 (PCW) -- Ascend Performance Materials has declared force majeure on shipments of its nylon 66 polymers, compounds and industrial fibers due to a fire at its Pensacola, FL, plant on Jul 10, which stopped operation of the polymerization units, the company said in a letter to customers.
"During this Estimated Force Majeure Period, Ascend will allocate polymer and fiber in a fair and equitable manner among its own internal requirements and Ascend’s contract customers." the letter states. "Your sales representative will contact you shortly to discuss your specific allocation of polymer and/or fiber." -- Xavier A Cronin