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LyondellBasell plans to stop PP plant in Terni

February 26/2010

February 26 (polimerica) -- The chemical company has started the employee consultation process regarding a project to permanently shut down the Italian unit. The PP production activities in Italy will be focused on the companys world-scale sites at Ferrara and Brindisi.

 

Demand for polypropylene continues to be affected by global economic conditions and the resulting market environment has made facilities such as Terni no longer economically viable - said Anton De Vries , LyondellBasells senior vice president, Olefins and Polyolefins - We expect to be able to meet projected customer demand for polypropylene (including local customers in Terni) with product supplied from our other facilities in Italy".

 

The Terni plant has a nameplate capacity of 255 KT per year. In conjunction with the shutdown project, LyondellBasell has started consultation with representatives of the employees to determine the appropriate path forward for the employees at the site. The plant currently has approximately 120 permanent employees.

 

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LyondellBasell plans to stop PP plant in Terni

 MRC Reference

LyondellBasell.  The share in the Russian market in 2008:
 PE  - 1.4% (including HDPE - 2.5%, LDPE 0.3%);
 PP 4.1% (including block-copolymers - 9.5%).

Annual sales growth in Russia, during the recent 5 years:
 PE - 27%;
 PP 88%.

The leader in the following polymers processing technologies:

 pipe extrusion;

 film extrusion;

 injection molding.


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