EQS Group-Ad-hoc: Conzzeta / Key word(s): Miscellaneous
Qualitatively deficient raw material delivery Zurich, October 11, 2017 - Conzzeta confirms that BASF's deficient raw material deliveries also affect their FoamPartner business unit. In order to protect employees, customers and consumers from possible health risks, production and delivery was suspended at the Wolfhausen site on 6 October 2017. The reason for this is that BASF has supplied the plastic precursor product toluene diisocyanate (TDI) with an excessively high proportion of potentially harmful and polluting substances. The financial impact of these necessary measures cannot yet be estimated, but should be largely covered by the supplier or by existing insurance policies. The supplier BASF informed FoamPartner, as well as other European foam manufacturers, on 5 October, 2017 about deficient productions made between 25 August and 29 September 2017. As far as FoamPartner is concerned, three factories in Wolfhausen (Switzerland), Duderstadt and Leverkusen (both in Germany) are affected. The contaminated batches were secured and isolated at their Leverkusen factory. In Duderstadt, the raw material had already been completely processed by the time the information was provided by the supplier. Customers impacted by this were informed of the incident. The batches at the Wolfhausen factory were in production. This was temporarily suspended, deliveries stopped and customers were informed. Complete resumption of production is planned in the next days. Besides FoamPartner, other European foam manufacturers were also supplied with the contaminated TDI. FoamPartner is in contact with the supplier, as well as with the European Industry Association EUROPUR and customers who have been affected to coordinate the next steps. The health of employees, customers and consumers is of paramount importance for FoamPartner.
For queries and further information, please contact: About Conzzeta Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=RKMAEWSQJU Document title: Qualitatively deficient raw material delivery End of ad hoc announcement |
Language: | English |
Company: | Conzzeta |
Giesshübelstrasse 45 | |
8045 Zürich | |
Switzerland | |
Phone: | +41 44 468 24 49 |
Fax: | +41 44 468 24 53 |
E-mail: | info@conzzeta.com |
Internet: | www.conzzeta.com |
ISIN: | CH0244017502 |
Valor: | A117LR |
Listed: | Regulated Unofficial Market in Berlin, Stuttgart; Open Market in Frankfurt; SIX Swiss Exchange |
End of Announcement | EQS Group News Service |
617675 11-Oct-2017 CET/CEST