Friday, July 18, 2008

Ineos board defers a decision to shutter the Porto Marghera facility

Ineos Vinyls Italia, a subsidiary of Ineos has quizzed an accord to modernise Italy's petrochemicals sector worked out by Ineos in December 200. Inability to settle a long standing problem over supplyy of chlorine to Porto Marghera site, just outside Venice, could force Ineos to quit production of poly vinyl chloride (PVC) and vinyl chloride monomer (VCM).

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