Lotte Chemical declares FM on MEG shipments from its plant in Louisiana after storm
03.06.2021
MOSCOW (MRC) -- Lotte Chemical USA, a joint venture (40:60) of the Malaysian company Lotte Chemical Titan and its parent company Lotte Chemical Corporation, has declared force majeureВ (FM) on monoethylene glycol (MEG) and other products produced at its Louisiana complex after an electrical equipment failure, according to a customer letter seen by S&P Global Platts on May 27.The letter s