03/01/2010

PIE - News-Ticker on Plasteurope.com

LyondellBasell: Closure of PP plant in Italy planned

LyondellBasell (Rotterdam / The Netherlands; www.lyondellbasell.com) has said it plans to close its 255,000 t/y PP plant in Terni / Italy because of weak demand. "Demand for PP continues to be affected by global economic conditions and the resulting market environment has made facilities such as Terni no longer economically viable,” stated Anton De Vries, LyondellBasell's senior vice president for olefins and polyolefins - Europe, Asia and International.


The company expects to be able to meet projected customer demand for PP with product supplied from its other facilities in Italy, he added.

More news on Plasteurope.com...