DuPont's ethylene copolymers business declares 'force majeure'
30 Sep '05
1 min read
Science company DuPont declared 'force majeure' for its ethylene copolymers business. The DuPont Packaging & Industrial Polymers manufacturing operations and distribution centers in Orange, Texas, were significantly impacted by Hurricane Rita. While structurally secure, the sites are particularly impacted by the availability of purchased utilities, raw materials and supporting infrastructure.
DuPont is actively assessing the situation and is engaging with local authorities to determine when restart of the facilities can occur. The company is working closely with its customers to lessen the impact on their businesses.
Force majeure clauses are found in business contracts. They excuse the party declaring force majeure from liability if an unforeseen event or circumstance beyond its control prevents it from meeting contractual obligations. Typically these clauses cover natural disasters and other events which are unforeseen and could not be avoided by the exercise of due care.
Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.
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