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LyondellBasell announces LDPE plant closure on demand slump

By Rory Harrington, 16-Sep-2009

Related topics: Packaging, Packaging machinery & supplies

LyondellBasell is to close a low density polyethylene (LDPE) plant in the UK by the end of the year on continued weak demand and as it seeks to phase out uneconomic facilities from its global operations.

The Dutch-based company said 50 jobs would be cut as a result of the closure at the factory at Carrington.

“Taking into account the current market environment and our future projections, we’ve concluded that the plant is no longer economically viable,” said Tassilo Bader, LyondellBasell senior vice president, olefins and polyethylene, Europe and International. “We are able to meet projected customer demand for LDPE with product supplies from our other LDPE facilities.”

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