Georgia Gulf Declares Force Majeure on Its Shipments of PVC
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Georgia Gulf Corp., North America’s largest maker of vinyl construction products, declared force majeure on shipments of polyvinyl chloride because of a shortage of raw materials.
The company said a supplier of ethylene also declared force majeure, Atlanta-based Georgia Gulf said today in a statement. Force majeure is a legal clause allowing the suspension of deliveries because of circumstances beyond the supplier’s control.