Celanese (CE) Declares Force Majeure Due to Supply Disruptions
Celanese(CE) ZACKS·2024-06-11 23:06
Celanese Corporation (CE) declared force majeure and instituted sales controls for acetic acid and vinyl acetate monomer (VAM) in the Western Hemisphere. This decision is driven by severe force majeure conditions and operational setbacks faced by several suppliers of crucial raw materials essential for Celanese's production processes. The company is currently evaluating the impact of these supply chain disruptions, alongside other operational issues affecting its Acetyl Chain network in the U.S. Gulf Coast. ...