A spokesman for Bayer MaterialScience confirmed that on Wednesday, August 13th, a small amount of gas leaked from Bayer's facility at the Shanghai Chemical Complex. The source said that Bayer has confirmed that the gas leak has not caused any impact on employees, property and the surrounding environment, nor has it caused any threat to human health.
The source added that as a leader in the chemical industry, Bayer emphasizes responsible care and is committed to ensuring a high level of safety in production.
Market participants believe that the gas leakage incident will cause Bayer's originally planned start-up plan to be delayed. Some sellers stated that the operating rate of the 350,000-ton/year MDI plant was 30-50% before the accident.
The source added that as a leader in the chemical industry, Bayer emphasizes responsible care and is committed to ensuring a high level of safety in production.
Market participants believe that the gas leakage incident will cause Bayer's originally planned start-up plan to be delayed. Some sellers stated that the operating rate of the 350,000-ton/year MDI plant was 30-50% before the accident.