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German chemical plant explosion throws global car industry into turmoil. Solar Panel industry also FUBAR. Force Majeure declared
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[quote:Baldrick:MV8xODQ5OTE2XzMwODQwNzgxXzM5NzRGRTNB] Just like the Jap petrochemical incident, there does not appear to be any reports or speculations on what caused the fire in the first olace. Needless to say, it caused enough damage to totally destroy all production capabilities for at least 3 months.... Accidents do happen, and are usually limited in damage. The incidents occuring lately are catastrophic. [/quote]
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But potential new chemicals used in cars can require up to 5,000 hours of testing, which may be too long as existing stocks of nylon-12 could run out long before.
“The disruption will probably affect Europe primarily,” Rod Lache, an analyst for Deutsche Bank in New York told the FTD. He added that the US and Asia had several weeks'supplies.
[
link to www.hazardexonthenet.net
]
Ahhh, this might be huge.....
Seems to be a lot of chemical plants going boom boom lately.
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