SABIC IP to shutter ABS plant in northern France

11-Dec-07
Sabic Innovative Plastics has planned to shutter its' ABS plant at Villers-Saint-Sepulchre in northern France next spring. The 70,000 tpa ABS plant is part of the former GE Plastics portfolio acquired by Sabic IP this summer. The decision to shutter the plant follows a full business review, including an evaluation of future operating needs required to sustain competitiveness. The long term viability of the French site had been under review for some time, coupled with unsuccessful introduction of changes aimed at making it more competitive. Declining ABS demand, along with severe competition from Asia leading to erosion of price levels, has put the plant in the red for the past five years.
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Reclamax single step plastic recycling machine