Spain’s company Cepsa has declared force majeure at its Phenol Acetone plant at Huvela site. The plant has the production capacity to produce 6,00,000 mt/year of Phenol and 3,70,000 mt/year of Acetone.
Earlier the company declared force majeure in last December due to technical difficulties incurred during starting of plant after maintenance. This was again lifted in January 2015.