A Taste of Wellness for Savoury and Snacks
Givaudan
Acetex Corporation has declared 'force majeure' for its Pardies, France facility due to an unscheduled maintenance shutdown for the completion of necessary repair work.
The work commenced Saturday, 9 August 2003, and is expected to last for a period of 18 days.
Acetex is declaring 'force majeure' due to expected difficulty in meeting sales contract delivery obligations. This is a legal term excusing a party from liability if some unforseen event beyond the control of that party prevents it from performing its obligations under the contract. Typically these clauses cover natural disasters, war, or the failure of third parties - such as suppliers and subcontractors - to perform their obligations to the contracting party.
Acetex says it will be taking all possible measures to reduce the inconvenience to customers including sourcing material from other producers wherever possible.
Based in Vancouver, Canada, the Acetex Corporation has two primary businesses - its European Acetyls business and the AT Plastics business. Its Acetyls business is Europe's second largest producer of acetic acid - used in the production of chewing gum - and polyvinyl alcohol and third largest producer of vinyl acetate monomer.