Dow, Midland, MI, announced that it has ended force majeure for vinyl acetate monomer at the Texas City, TX, plant, which is owned by Union Carbide, a wholly owned subsidiary of Dow.Dow, Midland, MI, announced that it has ended 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 for vinyl acetate monomer monomer (mŏn`əmər): see polymer. monomer Molecule of any of a class of mostly organic compounds that can react with other molecules of the same or other compounds to form very large molecules (polymers). at the Texas City, TX, plant, which is owned by Union Carbide, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Dow. As restart of production and inventory restoration has proceeded according to plan, Dow has increased its allocation of VAM VAM Vinyl Acetate Monomer VAM Vesicular-Arbuscular Mycorrhizae VAM Vitt Ariskt Motstånd (Swedish: White Aryan Resistance) VAM Vitt Ariskt Motstånd (Sweden) to 100% of annual contractual volumes. The Texas City plant was hit by a storm on May 8, resulting in significant damage to critical equipment. This caused an involuntary and continued shutdown of the VAM plant at the site. |
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