LyondellBasell close HDPE unit in Wesseling, Germany

LyondellBasell to close HDPE unit in Wesseling, Germany

5:05 AM, 16th May 2013
LyondellBasell to close HDPE unit in Wesseling, Germany
Bob Patel, Senior Vice President, Olefins & Polyolefins, Europe, Asia and International, LyondellBasell.

ROTTERDAM, THE NETHERLANDS: LyondellBasell will shut down a high density polyethylene (HDPE) unit in Wesseling, Germany in the third quarter of 2013. The 100 kilo tonne per year unit is among the smallest and least efficient of the LyondellBasell HDPE units in Europe. The company has sufficient HDPE capacity to meet customer needs from its larger scale faclities.

“LyondellBasell continues to take definitive steps to reorganize our operations in Europe to increase efficiency, reduce costs and improve the competitiveness of our businesses. The closure of under-competitive assets, along with the restructuring and efficiency-improvement initiatives in our business areas, manufacturing and R&D, will better position LyondellBasell to compete in today’s economic environment,” said Bob Patel, Senior Vice President, Olefins & Polyolefins, Europe, Asia and International, LyondellBasell.

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