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Bayer MaterialScience declares force majeure for TDI in Europe

Published on 2009-07-08. Author : SpecialChem

Leverkusen -- Bayer MaterialScience has declared force majeure for the polyurethane raw material toluene diisocyanate (TDI) in the Europe, Middle East, Africa (EMEA) region, as a result of a forced reduction of TDI production at its Brunsbüttel site.

The production capacity of the plant was substantially reduced after the company's chlorine electrolysis plant at the Brunsbüttel site was damaged during a massive voltage drop caused by a rapid reactor shutdown at the Krümmel nuclear power plant close to Hamburg on July 4, 2009. A restricted supply of chlorine has resulted in a severely reduced capacity utilization of the TDI facility in Brunsbüttel.

The company is doing everything to rectify the damage as quickly as possible. However, at the present time, it is not possible to predict with any degree of certainty when the TDI production plant will be fully operational again. The raw material is used in the production of flexible polyurethane foam for upholstered furniture, mattresses, and car seats.

About Bayer MaterialScience:

With 2008 sales of EUR 9.7 billion, Bayer MaterialScience is among the world's largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction, and sports and leisure industries. At the end of 2008, Bayer MaterialScience had 30 production sites and employed approximately 15,100 people around the globe. Bayer MaterialScience is a Bayer Group company.

Forward-Looking Statements

This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

Source: Bayer MaterialScience


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