German resin plant offline for 6 months
Plant makes 25% of the world's PA-12, a nylon resin used in fuel and brake lines.
DETROIT : The owner of a German factory that makes a key resin used in auto parts says the plant will be out of commission for at least six months.
A shortage of the resin is threatening to cut global car and truck production just as the US auto sales recovery is accelerating.
The Evonik Industries plant was badly damaged in a March 31 explosion and fire.
It makes at least a quarter of the world’s supply of PA-12, a nylon resin used in fuel lines and other parts.
The plant also makes about 70% of a key ingredient used by other manufacturers.
Earlier this month Evonik said the plant would be down for at least three months.
© 2012 The Canadian Press