LyondellBasell to close Italian polypropylene plant

The timing of the closing of the plant — which has annual capacity of about 560 million pounds — is dependent on discussions with trade unions, officials said.

"Demand for polypropylene continues to be affected by global economic conditions, and the resulting market environment has made facilities such as Terni no longer economically viable," said senior vice-president Anton De Vries.

Customers who had been supplied from Terni now will receive material from LyondellBasell's other Italian PP sites, in Ferrara and Brindisi.

Rotterdam-based LyondellBasell ranks as the world's largest maker of both PP and of polyolefins, but has been operating in bankruptcy since early 2009.

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