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12-03-2009: LyondellBasell announced that it will shut down one polypropylene (PP) line in Wesseling, Germany, by the end of 2009. As a result, PP capacity at the site will be reduced by 110KT.
“We have concluded that our current polypropylene operating rate at Wesseling is no longer economically viable,” said Anton de Vries, LyondellBasell’s president of Europe, Asia & International. “The affected line in Wesseling is one of the smallest and oldest PP units we have in LyondellBasell. We continue to invest in state-of-the-art facilities.”
He added, “We will continue to meet the needs of our customers even as we rationalize certain assets.”
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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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