Rotterdam, Netherlands, February 11, 2009 – LyondellBasell Industries has taken steps to temporarily idle its low density polyethylene units at Carrington, United Kingdom, and Fos-sur-Mer, France, into the second quarter of 2009. The Carrington unit has a nameplate capacity of 185 KT per year, and the Fos plant has a nameplate capacity of 110 KT per year.
“Although demand for polyethylene has significantly improved compared to the fourth quarter of last year, normal patterns have not been achieved yet. This measure is another step in our efforts to continue our business in a way that is economically reasonable. Our flexibility in polyethylene production in Europe is helping to optimize our physical assets while continuing to meet the needs of our customers,” said Richard Roudeix, LyondellBasell’s Vice President for Polyethylene in Europe.
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LyondellBasell Industries is one of the world’s largest polymers, petrochemicals and fuels companies. We are the global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide and derivatives; and a significant producer of fuels and refined products, including biofuels. Through research and development, LyondellBasell develops innovative materials and technologies that deliver exceptional customer value and products that improve quality of life for people around the world. Headquartered in The Netherlands, LyondellBasell (www.lyondellbasell.com) is privately owned by Access Industries.
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