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08-25-2009: Lyondell Chemical Company announced that it intends to exit the aircraft deicer market as a direct seller but will continue to supply that market with propylene glycol (PG), the primary component of deicers.
"We have made a strategic decision to transition from being a direct participant in the aircraft deicer business to a propylene glycol supplier with the capacity, flexibility and infrastructure necessary to meet the demanding requirements of this market. The deicer market will continue to be a key outlet for our PG, but our intended future role will be as a bulk supplier of propylene glycol," said Patrick Quarles, Senior Vice President of Intermediates & Derivatives for LyondellBasell.
"The chapter 11 process has provided us with a unique opportunity to transition out of the deicer business as a direct supplier," Quarles said. Lyondell recently notified customers that offers and proposals to supply deicers for the 2009-10 winter season had been withdrawn. The company has requested relief from the bankruptcy court with respect to existing supply contract obligations. "We remain committed to the deicer business but our anticipated future participation will be one step removed from the airlines and airports that utilize this product," Quarles said.
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Lyondell to Discontinue Direct Deicer Sales
Lyondell Chemical Company announced that it intends to exit the aircraft deicer market as a direct seller but will continue to supply that market with propylene glycol (PG), the primary component of deicers. "We have made a strategic decision to transition from being a direct participant i ... more
Lyondell to Restart PO/SM Unit at Channelview
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LyondellBasell to Close Two PP Production Lines in Wesseling, Germany
LyondellBasell announced that it will shut down two polypropylene (PP) lines in Wesseling, Germany, by mid-2012. The lines, with a combined capacity of 90 KT per year, are among the company’s smallest and oldest PP production units. “We continue to focus on reducing costs to maintain our ... more
LyondellBasell Finds No Buyer for Berre, France Refinery
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LyondellBasell Names Timothy D. Roberts as Senior Vice President, Olefins and Polyolefins - Americas
LyondellBasell announced that Tim Roberts has been named Senior Vice President, Olefins and Polyolefins for the Americas region. He will be based in Houston. Roberts has a broad knowledge of the global chemical industry. He most recently served as Vice President of Planning and Development ... more
LyondellBasell Industries Holdings B.V.
LyondellBasell Industries is one of the world’s largest polymers, petrochemicals and fuels companies. We are the global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide and derivatives; a significant producer of advanced fuel products; and the owner o ... more
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