PVC: Shin-Etsu declares force majeure in Rotterdam / Available capacity in Europe drops to 70%
The PVC market is not settling down – quite the opposite. Just after an force majeure announcement from Vynova for its headquarters site, Japanese competitor Shin-Etsu said it had to shut down production at Rotterdam in the Netherlands, declaring force majeure. The site produces, among other things, “K67” PVC, an important component for window profiles and pipes. According to PIE’s Polyglobe database, Shin-Etsu has another smaller facility in Portugal, which will be unable to make up for the outage... (07.05.2021)