Cristal Global Declares Force Majeure at its Bunbury, Australia Operations.JEDDAH, Saudi Arabia Saudi Arabia (sä  `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. & HUNT VALLEY, Md. -- Cristal Global
announced today that it has declared "Force Majeure [French, A superior or irresistible power.] An event that is a result of the elements of nature, as opposed to one caused by human behavior.The term force majeure " at its Bunbury titanium titanium (tītā`nēəm, tĭ–) [from Titan], metallic chemical element; symbol Ti; at. no. 22; at. wt. 47.88; m.p. 1,675°C;; b.p. 3,260°C;; sp. gr. 4.54 at 20°C;; valence +2, +3, or +4. dioxide (TiO2) operations in Western Australia Western Australia, state (1991 pop. 1,409,965), 975,920 sq mi (2,527,633 sq km), Australia, comprising the entire western part of the continent. It is bounded on the N, W, and S by the Indian Ocean. Perth is the capital. . Cristal Global made this declaration as a result of similar declarations made by its key energy and raw material suppliers who were also significantly impacted by the June 3, 2008 explosion and fire at Apache Apache (əpăch`ē), Native North Americans of the Southwest composed of six culturally related groups. They speak a language that has various dialects and belongs to the Athabascan branch of the Nadene linguistic stock (see Native American Energy's Varanus Island natural gas pipeline facility. On June 3, 2008, Cristal Global safely shutdown shut·down n. A cessation of operations or activity, as at a factory. shutdown Noun the closing of a factory, shop, or other business Verb shut down its Bunbury titanium dioxide (TiO2) operations in Western Australia as a result of the Force Majeure declaration it received from its natural gas distributor. While we have recently been given a small allocation of natural gas by our supplier, this supply is not enough to run our entire operations nor is this supply available to us on a consistent basis. The natural gas situation and its impact on local Western Australia industry is still quite fluid. Cristal Global is uncertain at this time how long it will be before full production at its site is resumed. Cristal Global has started developing energy and raw material sourcing alternatives. Cristal Global is supplying some customer requirements from available inventory and is evaluating options to supply customers from other company production sources. Cristal Global continues to monitor this situation very closely and will provide updates as new information becomes available. Cristal Global is the world's second-largest producer of titanium dioxide and a leading producer of titanium chemicals. Cristal Global operates eight manufacturing plants in six countries on five continents and employs more than 3,500 people worldwide. www.cristalglobal.com |
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