25 February 2010 15:12 [Source: ICIS news]
“Demand for PP continues to be affected by global economic conditions and the resulting market environment has made facilities such as ?xml:namespace>
LyondellBasell expected to be able to meet projected customer demand for PP with product supplied from its other facilities in
The company did not disclose when the plant would be closed.
“The company has started the employee consultation process,” said the statement.
A source close to the company said: “Works councils need to be consulted before timing can be discussed.”
The plan to close the PP plant came at a time when new capacities from the
LyondellBasell has several joint-venture PP and polyethylene (PE) projects in the
PP availability in
Homopolymer injection prices were trading around €1,020-1,050/tonne FD (free delivered) NWE (northwest
PP producers in
($1 = €0.74)
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