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BASF to lift force majeure for ethylene oxide based products

30 Jun '15

2 min read

BASF said it will lift force majeure as of July 10, 2015 for ethylene oxide (EO)-based products produced in Europe in its Care Chemicals division.

BASF will first lift force majeure for EO on July 1, 2015 and with improved EO supply, force majeure will be lifted as of July 10 for all affected EO-based products in the portfolio of Care Chemicals.

A BASF press release also added that all customers are currently being informed about the improving supply situation of their affected products.

The BASF Care Chemicals division offers a broad range of ingredients for hygiene, personal care, home care, industrial & institutional cleaning, and technical applications.

It is a supplier for the cosmetics industry as well as the detergents and cleaning agents industry and supports its customers worldwide with innovative and sustainable products, solutions, and concepts.

The division’s high-performance product portfolio includes surfactants, emulsifiers, polymers, emollients, chelating agents, cosmetic active ingredients, pigments, and UV filters.

Super absorbents developed for the full spectrum of hygiene applications complete the range and has production and development sites in all regions and is expanding its presence in emerging markets.

The overall portfolio at BASF ranges from chemicals, plastics, performance products, and crop protection products to oil and gas.

As the world's leading chemical company, it combines economic success with environmental protection and social responsibility.

Through science and innovation, it enables its customers in nearly every industry to meet the current and future needs of society.

Its products and solutions contribute to conserving resources, ensuring nutrition, and improving the quality of life.

BASF generated sales of over €74 billion in 2014 and had around 113,000 employees as of the end of the year and its shares are traded on the stock exchanges in Frankfurt, London and Zurich. (AR)

Fibre2Fashion News Desk - India