Westlake closes PVC pipe plant in Kentucky on excess supplies

23 June 2011 14:03  [Source: ICIS news]

HOUSTON (ICIS)--Westlake Chemical has shut down a polyvinyl chloride (PVC) pipe plant at Springfield, Kentucky, to reduce costs amid excess market capacity, the US petrochemicals company said on Thursday.

The unit, operated by Westlake’s North American Pipe subsidiary, is one of the company’s smallest pipe plants, it added. No capacity details were disclosed.

Westlake also said its ethylene (C2) complex in Lake Charles, Louisiana, has returned to normal operations after an outage caused by a weather-related power supply failure.

The incident cost an estimated $10.0m (€6.9m) in reduced production and repairs, with most of the loss covered by insurance, the company said.

($1 = €0.69)

For more on Westlake Chemical and other producers, visit ICIS company intelligence


By: Stefan Baumgarten
+1 713 525 2653



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