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Established in 2001, Puyang Zhong Yuan Restar Petroleum Equipment Co.,Ltd, “RSD” for short, is Henan’s high-tech enterprise with intellectual property advantages and independent legal person qualification. With registered capital of RMB 50 million, the Company has two subsidiaries-Henan Restar Separation Equipment Technology Co., Ltd We are mainly specialized in R&D, production and service of various intelligent separation and control systems in oil&gas drilling,engineering environmental protection and mining industries.We always take the lead in Chinese market shares of drilling fluid shale shaker for many years. Our products have been exported more than 20 countries and always extensively praised by customers. We are Class I network supplier of Sinopec,CNPC and CNOOC and registered supplier of ONGC, OIL India,KOC. High quality and international standard products make us gain many Large-scale drilling fluids recycling systems for Saudi Aramco and Gazprom projects.

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+86 513525609655

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rsdgj@pyzyrsd.com

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Road West, North Branch, Jingkai Road, Puyang City

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Contracts in the Age of COVID-19: A Look At Force Majeure ...
Contracts in the Age of COVID-19: A Look At Force Majeure ...

Force Majeure, is closely related to general principles of frustration in contract law that can apply unless overridden by the terms of a ,Force Majeure, provision. Frustration is a common law doctrine that discharges a contract where an event occurs making it physically or commercially impossible to perform.

Force majeure under common law | Ashurst
Force majeure under common law | Ashurst

The ,force majeure, clause will also need to deal with what the parties intend to happen if it is accepted that an ,force majeure, event has prevented a party from being able to perform its obligations. Typically, the clause will provide that the parties' obligations under the contract will be suspended until such time as the ,force majeure, event (and its direct effects) have ceased to prevent ...

Is a cyber-attack ”Force Majeure”? Je ne crois pas ...
Is a cyber-attack ”Force Majeure”? Je ne crois pas ...

Force majeure, clauses are designed to address the risk of events which arise during the course of a contract and are beyond the control of the parties. These clauses can operate to suspend the performance of obligations for the duration of the ,force majeure, and without liability, affording the affected party the opportunity to restore business-as-usual operations.

What is Force Majeure and How Does it Work?
What is Force Majeure and How Does it Work?

11/4/2020, · ,Force Majeure, is a Latin word meaning superior ,force,. Within the context of a legal contract, a “,Force Majeure,” clause frees one or both parties from liability or obligation when an extraordinary event, such as war, strike, crime, or “Act of God” prevents one or more parties from fulfilling their obligations under the contract.

Multiple petrochemical producers declare force majeure on ...
Multiple petrochemical producers declare force majeure on ...

"This adverse weather event is beyond our reasonable control and we must declare a ,force majeure, event for polypropylene, effective immediately." LyondellBasell operates three PP plants at its Bayport site near the mouth of the Houston Ship Channel with a cumulative capacity of 1.85 million mt/year, and two units in Lake Charles, Louisiana, with a cumulative capacity of 1.4 million mt/year.

Force Majeure: Force Majeure: How successful has the law ...
Force Majeure: Force Majeure: How successful has the law ...

2 days ago, · ,Force majeure, clauses are risk attribution clauses, which specifically deal with the attribution of risk arising out of a ,force majeure, event. ,Force majeure, events are often broadly defined as unforeseeable events, over which parties have no control, which are not a result of a default of one party and which cannot be prevented by parties by exercising reasonable care and caution.

What is force majeure? Definition and examples - Market ...
What is force majeure? Definition and examples - Market ...

Force majeure, refers to unforeseeable circumstances that prevent a person or company from fulfilling a contract. The term means ‘superior ,force,.’We also use the terms irresistible ,force,, vis major, cas fortuit, or casus fortuitus with the same meaning. Cas fortuit and casus fortuitus mean ‘chance occurrence.’ The term is common in supply and construction contracts.

What is force majeure? Definition and examples - Market ...
What is force majeure? Definition and examples - Market ...

Force majeure, refers to unforeseeable circumstances that prevent a person or company from fulfilling a contract. The term means ‘superior ,force,.’We also use the terms irresistible ,force,, vis major, cas fortuit, or casus fortuitus with the same meaning. Cas fortuit and casus fortuitus mean ‘chance occurrence.’ The term is common in supply and construction contracts.

Force Majeure - More Than Shipping
Force Majeure - More Than Shipping

12/11/2012, · This is a term that I kept hearing in maritime classes during my college years, and last week I saw many ,force majeure, declarations from several carriers due to the catastrophic Sandy hurricane on the east coast. So what is a ,Force Majeure,? The french phrase translates to 'superior ,force,', and is commonly available in many contract types. In maritime, it relieves the parties to the contract of ...

Multiple petrochemical producers declare force majeure on ...
Multiple petrochemical producers declare force majeure on ...

"This adverse weather event is beyond our reasonable control and we must declare a ,force majeure, event for polypropylene, effective immediately." LyondellBasell operates three PP plants at its Bayport site near the mouth of the Houston Ship Channel with a cumulative capacity of 1.85 million mt/year, and two units in Lake Charles, Louisiana, with a cumulative capacity of 1.4 million mt/year.

What is Force Majeure? - LawTeacher.net
What is Force Majeure? - LawTeacher.net

Force majeure, is a concept widely recognised under the domestic laws (civil codes) of civil law jurisdictions where it constitutes an absolute excuse on the part of the performance debtor of all liability for non-performance of its obligations to the extent that it even operates as a discharge from that obligation even without any express ...

What is Force Majeure and How Does it Work?
What is Force Majeure and How Does it Work?

11/4/2020, · ,Force Majeure, is a Latin word meaning superior ,force,. Within the context of a legal contract, a “,Force Majeure,” clause frees one or both parties from liability or obligation when an extraordinary event, such as war, strike, crime, or “Act of God” prevents one or more parties from fulfilling their obligations under the contract.

Force majeure clauses - PwC
Force majeure clauses - PwC

force majeure. clause if they are relying on their own acts or omissions. General force majeure provisions . Traditionally, force majeure. clauses, in referring to circumstances beyond the control of the parties, were intended to deal with unforseen acts of God or of governments and regulatory authorities. More recently, force majeure

Contracts in the Age of COVID-19: A Look At Force Majeure ...
Contracts in the Age of COVID-19: A Look At Force Majeure ...

Force Majeure, is closely related to general principles of frustration in contract law that can apply unless overridden by the terms of a ,Force Majeure, provision. Frustration is a common law doctrine that discharges a contract where an event occurs making it physically or commercially impossible to perform.

Force Majeure - More Than Shipping
Force Majeure - More Than Shipping

12/11/2012, · This is a term that I kept hearing in maritime classes during my college years, and last week I saw many ,force majeure, declarations from several carriers due to the catastrophic Sandy hurricane on the east coast. So what is a ,Force Majeure,? The french phrase translates to 'superior ,force,', and is commonly available in many contract types. In maritime, it relieves the parties to the contract of ...

Definition of Force Majeure Sample Clauses
Definition of Force Majeure Sample Clauses

A ‘,Force Majeure,’ (FM) would mean one or more of the following acts, events or circumstances or a combination of acts, events or circumstances or the consequence(s) thereof, that wholly or partly prevents or unavoidably delays the performance by the Party (the Affected Party) of its obligations under the relevant Power Purchase Agreement, but only if and to the extent that such events or ...

Force Majeure: An Employment Law Perspective - Simpliance
Force Majeure: An Employment Law Perspective - Simpliance

The outbreak of the COVID-19 pandemic resulted in ,force majeure, becoming a ubiquitous phrase and a great deal of literature has been sought to outline its meaning and implications. At the most fundamental level, ,force majeure, roughly translates to ‘superior ,force,’ and operates primarily in the domain of contractual law.It is employed to provide for an allocation of liabilities if the ...

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Road West, North Branch, Jingkai Road, Puyang City