US Momentive Specialty to close epoxy site at Wesseling, Germany

15 March 2012 12:34  [Source: ICIS news]

LONDON (ICIS)--Momentive Specialty Chemicals plans to close its epoxy resins production site at Wesseling near Cologne, Germany, by October 2012, the US-based specialty chemicals firm said on Thursday.

Momentive said the closure would improve the overall competitiveness of its base epoxy resins business and customers will be supplied from its other European epoxy resins plants.

The company's Wesseling site is operated by LyondellBasell under a leasing arrangement. The closure will affect about 30 workers, Momentive said.

Capacity details were not disclosed.


By: Stefan Baumgarten
+1 713 525 2653



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