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BASF Lifts Force Majeure for Citral and Derivatives - BASF announces that, effective as of the release of this information the company is lifting its declaration of Force Majeure with respect to citral-based aroma chemicals as well as Vitamin A and Vitamin E products for human and animal nutrition - BASF.com
BASF Lifts Force Majeure for Citral and Derivatives

 

PRZOOM - /newswire/ - Lampertheim, Germany, 2014/04/15 - BASF announces that, effective as of the release of this information the company is lifting its declaration of Force Majeure with respect to citral-based aroma chemicals as well as Vitamin A and Vitamin E products for human and animal nutrition - BASF.com. DE000BASF111

   
 
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• Force Majeure lifted on all affected products;
• BASF stayed within the announced shut-down period.

The citral plant had to be shut down after a fire on March 12, 2014. The company consequently had to declare Force Majeure.

BASF was able to stay within the announced shut-down period of four weeks starting March 19, 2014. Meanwhile the company was implementing measures to limit the consequences of the situation and was continuously informing customers on its development. Product supply will normalize within the framework of delivery lead times and respective inventory levels.

About BASF’s Nutrition & Health division

BASF’s Nutrition & Health division develops, produces and markets a comprehensive range of products and services for the human and animal nutrition, pharmaceutical as well as flavor and fragrance industries. The division strives to contribute to a better life through improving the nutrition, health and wellbeing of people across the world. Important human nutrition products include vitamins and carotenoids, plant sterols, emulsifiers and omega-3 fatty acids. Its feed additives such as vitamins, carotenoids, enzymes and organic acids make Nutrition & Health a worldwide leader for the animal nutrition market. The division provides the pharmaceutical industry with active ingredients such as caffeine and ibuprofen, as well as excipients and custom synthesis services. Furthermore, it produces aroma ingredients such as citral, geraniol and L-menthol for the flavor and fragrance industry.

About BASF

BASF (basf.com) is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future.BASF had sales of about €74 billion in 2013 and over 112,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

 
 
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Agency / Source: BASF

 
 

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BASF Lifts Force Majeure for Citral and Derivatives

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BASF | BASF’s Nutrition & Health
Contact: Henriette Wemme - BASF.com 
+49 621 60 48260 henriette.a.wemme[.]basf.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

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