Bayer Declares Force Majeure Over Glyphosate Production
15 February 2022 - 01:49AM
Dow Jones News
By Ed Frankl
Bayer AG said Monday that it has declared a force majeure over
supply-chain issues on the manufacture of glyphosate herbicide
products in the U.S.
"Recently, a supplier of a raw ingredient needed to produce
glyphosate and Roundup-branded agricultural herbicides at our
Luling, Louisiana, plant suffered an equipment failure at their
plant producing an important ingredient," the German conglomerate
said in a statement.
Bayer said the stoppages may have some short-term impacts on its
production of the active ingredient to manufacture glyphosate.
The supplier, which wasn't named by Bayer, is on track to
restore capacity quickly, the company said.
Bayer added that it had sourced additional raw materials and
made other changes in production in the interim to help best manage
the situation and restore volumes.
"We expect any impact to be marginal in terms of our annual
glyphosate production," it said.
Olaf Ridder contributed to this story.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
February 14, 2022 09:34 ET (14:34 GMT)
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