10 January 2002 19:48 [Source: ICIS news]
HOUSTON (CNI)--BP Chemicals plans to exit the alcohols business by the fourth quarter when it will halt production of alcohol at its 60 000 tonne/year facility in Pasadena, Texas to focus on the plant's linear alpha olefin (LAO) operations, BP told CNI Thursday.
The company has not yet determined the impact on jobs and said in a statement it hopes the exit of the non-core alcohols business there will allow the plant to become a more efficient producer of LAO.
Besides ceasing production of alcohol at Pasadena, BP will modernise the plant's LAO process control operation.
The chemicals unit of the world's largest integrated oil company, BP Chemicals describes itself as the world's leading producer of LAO with annual capacity of 470 000 tonne at Pasadena; 300 000 tonne at Feluy, Belgium; and, another 250 000 tonne at its newest plant in Alberta, Canada, commissioned in November.
BP spokesman Scott Dean told CNI that Pasadena is the only BP plant producing alcohol and the closure of that line there will mark the company's exit on a global basis.
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