PPG Implements Caustic Soda Allocation After Midwest Floods

PPG says it is declaring force majeure on all grades of liquid caustic soda shipped from its North American chlor-alkali facilities and that it anticipates placing customers on approximately 90% allocation. The company cites a June 15 storm that damaged “key” electrical systems in one of its Lake Charles, LA production units, and “extensive” flooding in the Midwest river system. Severe storms in the Midwest that began in May have caused flooding of the upper Mississippi River and disrupted rail and barge service in the area. The river is...

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