PolyOne Declare Force Majeure for Caustic Soda Shipments

PolyOne Corporation , a premier global provider of specialized polymer materials, services and solutions, along with Olin Corporation, declared a force majeure for caustic soda shipments from the SunBelt Chlor Alkali Partnership (“SunBelt”) plant located in McIntosh, Alabama until further notice.

The force majeure was declared primarily due to the continuing effects of Hurricanes Gustav and Ike, which caused SunBelt to temporarily shut down because it has no orders for chlorine due to a force majeure declaration by Oxy Vinyls, LP, SunBelt’s sole chlorine customer, and caused Union Pacific Railroad to declare an embargo on chlorine shipments to all areas between Dayton, Texas and Brownsville, Texas. The impacted Oxy Vinyls, LP facility is located in La Porte, TX, which is within the area for which Union Pacific Railroad declared an embargo.