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LyondellBasell plans to close PP plant in Italy

March 01/2010

March 1 (plasteurope) -- LyondellBasell has said it plans to close its 255,000 t/y PP plant in Terni / Italy because of weak demand. Demand for PP continues to be affected by global economic conditions and the resulting market environment has made facilities such as Terni no longer economically viable, stated Anton De Vries, LyondellBasells senior vice president for olefins and polyolefins Europe, Asia and International.


The company expects to be able to meet projected customer demand for PP with product supplied from its other facilities in Italy, he added.

 

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LyondellBasell: Closure of PP plant in Italy planned

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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