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Rayong Olefins Declares Force Majeure Over Middle East Conflict

Rayong Olefins declared force majeure on Friday citing the Middle East conflict. The Siam Cement Group unit has not yet commented on the operational status.

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Rayong Olefins, a subsidiary of the Siam Cement Group, has declared force majeure due to the conflict in the Middle East. The announcement was made via a letter seen on Friday in Singapore, marking a significant disruption for the petrochemical producer.

The logo of Siam Cement Public Company Limited is seen at its office building in Bangkok, Thailand, in this 2016 file photo. REUTERS/Chaiwat Subprasom/File Photo
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