Total to shut elastomer plant at Antwerp

10-Jul-06
Tough operating and economic climate for several years have put a strain on the operations of Totals' plant that manufactures technical compounds, plastics modification and bitumen. Operating losses and reallocation of customers to Asia have forced Total Petrochemicals to end synthetic thermoplastic elastomer production at its plant at Antwerp. Over the past two years, Total altered its business plans and decided to refocus the business and to find a viable partner solution. However, these attempts have proved unsuccessful as the company now contemplates closure
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