29 May 2013 15:27 [Source: ICIS news]
LONDON (ICIS)--Spain's Artenius has announced it will not be restarting its polyethylene terephthalate (PET) plant in Volos, Greece, a company source confirmed on Wednesday.
"The plant has been idle since the end of December," the source said, speaking in Spanish.
The decision to permanently close the 80,000 tonne/year unit known as Artenius Hellas was partly attributed to poor demand in the local area, La Seda de Barcelona announced in an email dated 28 May 2013.
Artenius operates a 140,000 tonne/year unit at Adana in Turkey and a 170,000 tonne/year site at El Prat de Llobregat, Spain.
The company also has a 200,000 tonne/year plant in San Giorgio di Nogaro in Italy, which is focused on technical polymer production.
Artenius has also nearly completed a new 150,000 tonne/year PET Simpe plant at Acerra, Italy, a second source said on 23 May. There have been no dates given for commercial production.
($1 = €0.78)
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