LyondellBasell to make British and French LDPE units redundant for the moment

12-Feb-09

LyondellBasell Industries has initiated steps to temporarily idle its low density polyethylene (LDPE) units at the 185,000 tpa Carrington (United Kingdom) and 110,000 tpa Fos-sur-Mer (France) units in Q2-09. "Although demand for polyethylene has significantly improved compared to the fourth quarter of last year, normal patterns have not been achieved yet. This measure is another step in our efforts to continue our business in a way that is economically reasonable. Our flexibility in polyethylene production in Europe is helping to optimize our physical assets while continuing to meet the needs of our customers," said Richard Roudeix, LyondellBasell's Vice President for Polyethylene in Europe.