A Philippines PVC producer shared with SSESSMENTS.COM the recent situation following extended lockdown in the country and the possibility of resume production. Philippines government has extended the lockdown until May 15 but easing some restrictions for some sectors. However, the industries that are allowed to run at a maximum production rate is the one that related to essentials products, such as food, hygiene products, medical products, and medical clothes for health workers. Thus, the producer’s PVC plant remains shut at the moment. “We do not know when the government will allow other industries to resume the production and we are still waiting for the government’s permission to resume operation. However, it is possible that our plant will remain shut for as long as the country is under lockdown,” the producer stated.
The producer explained further to SSESSMENTS.COM that their employees had to take unpaid leave as they are unable to work due to the restriction and ban on public transportation. Moreover, the producer is unable to release offers to the market as customers already stop production as well. Additionally, there are still some cargoes that have not been delivered to customers as the logistic service the company usually used is not operating.
Click below to view related stories and content on Philippines PVC:
NewsSSESSMENTS: Leading Indonesian PVC Producer Announces May Shipment Offers To Southeast Asia
WeeklySSESSMENTS: SEA PVC Prices W/C April 20
NewsSSESSMENTS: Philippines PVC Producer To Extend Shutdown At PVC Plant
Tags: Asia Pacific,English,News,PVC,Philippines,SEA
Published on April 28, 2020 3:37 PM (GMT+8)Last Updated on April 28, 2020 3:37 PM (GMT+8)
