11 February 2009 08:49 [Source: ICIS news]
LONDON (ICIS news)--LyondellBasell will idle production at its low density polyethylene (LDPE) units at Fos-sur-Mer, France, as well as at Carrington, UK, into the second quarter due to market conditions, the company said on Wednesday.
“Although demand for polyethylene has significantly improved compared to the fourth quarter of last year, normal patterns have not been achieved yet,” said Richard Roudeix, LyondellBasell’s vice president for polyethylene in ?xml:namespace>
“This measure is another step in our efforts to continue our business in a way that is economically reasonable,” he said.
The Carrington unit has a nameplate capacity of 185,000 tonnes/year, while the Fos plant has a nameplate capacity of 110,000 tonnes/year, the company said.
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