15 September 2009 12:43 [Source: ICIS news]
“Taking into account the current market environment and our future projections, we’ve concluded that the plant is no longer economically viable,” said Tassilo Bader, LyondellBasell’s senior vice president, Olefins and Polyethylene,
“We are able to meet projected customer demand for LDPE with product supplies from our other LDPE facilities.
“With more than 300,000 tonnes of capacity, our Berre [France] plant represents a dramatic step change in the production of LDPE, with superior investment and operational economics,” Bader said.
The company was in discussions with trade union and employee representatives over the future of Carrington's 50 staff.
The smaller of two lines at Carrington was down for several months in 2009 for commercial reasons but is now back up and running normally.
LDPE availability in Europe was generally tight and prices in September had risen by €100/tonne ($145/tonne) from August, leaving net prices above €1,000/tonne FD (free delivered) NWE (northwest
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