Ineos close expandable polystyrene production in Marl, Germany

Ineos to close expandable polystyrene production in Marl, Germany

8:59 AM, 11th June 2013
Ineos to close expandable polystyrene production in Marl, Germany

ROLLE, SWITZERLAND: Ineos has announced its intention to close production of expandable polystyrene (EPS) at its Marl site in Germany. Discussions will now begin with employees and the Works Council to find alternative roles for the 65 people affected by this decision. Operating costs of the EPS plant have also been affected by the recent closure of the styrene monomer and polystyrene units at Marl. The loss of the styrene monomer and polystyrene units removed a number of operating synergies at the Marl site which left the EPS unit with an unsustainable fixed cost base and a weaker styrene monomer supply position.

The decision to close the Marl EPS plant follows a full and detailed review of the EPS business, which has highlighted the need for Ineos Styrenics to optimise its production capacity across its three remaining facilities. This will improve the cost efficiency of its business, as it continues to meet its customer needs in a highly competitive European market.

Ineos Styrenics remains committed to our EPS business. Following the closure of the Marl unit, it will continue to be one of the largest producers of EPS in Europe with 350 kilo tonne per annum total capacity. From the end of the year it will supply high quality EPS products from production sites in Breda (The Netherlands), Ribecourt (France) and Wingles (France).

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