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Total Petrochemicals hopes to acquire Polimeris PS facility in Feluy, Belgium

February 24/2010

February 24 (plastemart) -- Frances Total Petrochemicals hopes to acquire a polystyrene facility in Feluy, Belgium, after current owner Polimeri announced plans to close the plant, as per European Plastics News. Totals decision to acquire the plant has been guided by concern about the social impact of Polimeris decision. According to the proposed deal, Total would acquire the Polimeri facilities and the right to operate the production lines, with the exception of the EPS unit reactors. Total would continue to produce PS on behalf of Polimeri until the end of 2011 but would stop producing EPS by the end of September 2010.

 

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Total Petrochemicals hopes to acquire Polimeris PS facility in Feluy, Belgium

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