Haifa port disruptions send PX prices sky high

Gibson, Jane
July 2006
ICIS Chemical Business;7/31/2006, Vol. 1 Issue 30, p32
Trade Publication
The article reports on the force majeure declaration of Gadiv Petrochemical Industries that caused the European paraxylene spot levels to rise to an 11-year high. The declaration is due to the port closure and continued rocket attacks in Haifa, Israel. The Haifa plants of Gadiv have not been shut down, but are running at reduced capacity.


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