Lyondell Basell Close Italian Plant
By Plastics News, Posted 26 February 2010
Lyondell Basell is to close its polypropylene plant in Terni, Italy, eliminating about 120 jobs.
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 Lyondell Basell’s other Italian PP sites, in Ferrara and Brindisi.
Rotterdam-based Lyondell Basell ranks as the world’s largest maker of both PP and of polyolefins, but has been operating in bankruptcy since early 2009.