02 January 2008 13:52 [Source: ICIS news]
LONDON (ICIS news)--INEOS Polyolefins has closed its 185,000 tonne/year high density polyethylene (HDPE) plant in Grangemouth in the UK as announced in January 2007, a company source confirmed on Wednesday.
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At the time of the announcement, INEOS said that it was making the move to strengthen its market position in products where it believes it has a long-term competitive advantage.
INEOS would increase HDPE output from its Lillo manufacturing site in Belgium by 200,000 tonnes/year to 630,000 tonnes/year, with a focus on differentiated products.
The new capacity would be in place by 2009.
HDPE blowmoulding is used to produce plastic bottles and containers. Other producers of HDPE in
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