Spain's Repsol is to shut down its petrochemical units producing styrene, propylene oxide and glycols at the refinery indefinitely. It has also halted the hydrocracker at its Puertollano refinery for 3 months due to low refining margins. Since the cracker was operating at minimum levels and production at the petrochemical units had already stopped, the effect on output will be very limited. Repsol does not plan to lay off any of the 90 workers affected by the stoppages.
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