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LyondellBasell to idle LDPE units

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Monday, 23 February 2009

LyondellBasell Industries has taken steps to temporarily idle its low density polyethylene units at Carrington, United Kingdom, and Fos-sur-Mer, France, into the second quarter of 2009. The Carrington unit has a nameplate capacity of 185 KT per year, and the Fos plant has a nameplate capacity of 110 KT per year.

“Although demand for polyethylene has significantly improved compared to the fourth quarter of last year, normal patterns have not been achieved yet. This measure is another step in our efforts to continue our business in a way that is economically reasonable,” said Richard Roudeix, LyondellBasell’s Vice President for Polyethylene in Europe.

“Our flexibility in polyethylene production in Europe is helping to optimize our physical assets while continuing to meet the needs of our customers.”

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The shutdown period in Carrington is already in progress; while in Fos the shutdown period will start in March, the company said.

LyondellBasell Industries is one of the world’s largest polymers, petrochemicals and fuels companies. The company is one of the polyolefins technology provider, production and marketing; a pioneer in propylene oxide and derivatives; and a significant producer of fuels and refined products, including biofuels.

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