Plant Issues Cause Propylene Glycol Hike
October 29, 2020
Earlier this month, a leak developed in a Propylene Oxide refining column at LyondellBasell. Force Majeure has been declared by LyondellBasell on all Propylene Oxide derivatives as they have been forced to significantly cut production as a result. As Propylene Oxide is a precursor to Propylene Glycol, this plant issue has had immediate impact to Propylene Glycol.
LyondellBasell is one of just a handful of US Propylene Glycol manufacturers, and a large and key part of PG supply in the US. The situation could be several weeks before back-to-normal. In the meantime, Lyondell’s customers are on 70% allocation, and increases are taking effect.
For further questions about how this may effect your Propylene Glycol supply and/or price, reach out to your sales representative today.