Ineos plans to close its 175000 tpa polypropylene (PP) plant at Bamble, Norway acquired from Borealis by the end of 2008. Several reasons were responsible for this decision for shutting the loss-makinng plant : the need to rely on imported PP, poor feedstock integration, limited technical capability, "fourth quartile" cost structure and exposure to grades and markets unable to provide sufficient returns.
For more details on Ineos to shut 175000 tpa PP plant at Norway click here
Wednesday, May 14, 2008
Ineos to shut 175000 tpa PP plant at Norway
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment