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Mexichem declares force majeure for VCM, ethylene after plant blast

HOUSTON, April 22, 2016 (PCW) – Mexichem on late Friday declared force majeure on vinyl chloride monomer, ethylene and other products, as well as allocated PVC after the Wednesday blast at its Coatzacoalcos plant.

“Pemex declares a force majeure condition of vinyl chloride monomer (VCM), muriatic acid, ethylene, 1,2 dichloroethane, anhydrous hydrogen chloride,” a company statement read.

“Likewise, Mexichem Resinas Vinílicas y Mexichem Resinas Colombia will present a PVC allocation plan … for the month of May and subsequent months,” the statement added.

The death toll from the Mexichem/Pemex plant blast in on Wednesday rose to 24 as of late Thursday, according to Mexichem. The company said 19 people still remain in hospital, 13 of which are in serious condition. Meanwhile, eight workers remain missing. -- Samantha Hartke

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