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COVINGTON, US: Ashland Global Holdings Inc (ASH) has declared a force majeure in Europe on 1.4 butanediol (BDO), tetrahydrofuran (THF) and formaldehyde as a result of a fire at its manufacturing facility in Marl, Germany, that led to the shutdown of production operations.
Production has been suspended while an investigation into the cause and extent of the fire takes place. As a result, the Marl facility is currently unable to produce any 1.4 BDO, THF or formaldehyde, and the availability of product is significantly reduced.
Ashland is working with affected customers to minimize the impact to their respective businesses and will continue to provide updates regarding supply capability.
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