LANXESS: Hydrazine hydrate facility in Weifang likely to be shut down for several months
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LANXESS has halted production of hydrazine hydrate in Weifang, China, following an operational incident. The standstill is likely to last several months. For this reason LANXESS has declared a state of force majeure to its customers in the Asia-Pacific region.
The Weifang facility is operated by a joint venture between LANXESS and its Chinese partner Weifang Yaxing Chemical Company and belongs to the Functional Chemicals business unit. LANXESS holds a 55 percent share in the joint venture founded in Sepetmber 2004.
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