Notice of Force Majeure

Cecilia Svensson
Cecilia Svensson
VP Group Communications & Sustainability
+46 40 635 88 30
22 December 2010

The severe weather conditions in the United Kingdom with prolonged extreme cold has forced Perstorp to temporarily shut down the production of Capa™ caprolactone monomer and polycaprolactone polymers at the production site in Warrington, U.K.

This Force Majeure situation, which is outside of Perstorp’s control, will affect our manufacturing abilities for as long as the extreme weather situation continues. We hope to be able to restart manufacturing next week, but we will likely face a production loss of more than one week. Many actions have been taken to minimize outages. We cannot, however, rule out further disruptions in the near future.

Product deliveries are likely to be impacted from the beginning of January. Demand for the Capa™ product range is currently very strong. Due to the aforementioned outage, it will be impossible for us to be fully in line with our delivery commitments and requested volumes for the first half of 2011.

As a consequence hereof, Force Majeure is hereby declared as regards deliveries of Capa™ Monomer, Capa™ Polyols and Capa™ Thermoplastics from the Perstorp Group.

During this period of interference of the Force Majeure, the management of Perstorp is making every effort to mitigate the consequences of the Force Majeure declaration. The quantities of product available will be allocated in a fair and equitable manner amongst our customers. 

We sincerely regret any inconvenience this may cause our customers. Questions should be directed to the sales representative.

Anders Lundin
Executive Vice President Perstorp Performance Products

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