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Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Ineos restructures chlor-vinyls business because of downturn
5:17 AM MST | February 21, 2013 | —Francinia Protti-Alvarez
Ineos has announced that it will restructure its chlor-vinyls business to address overcapacity in chlorine, vinyl chloride monomer (VCM), and polyvinyl chloride (PVC) as the economic downturn in Europe continues to impact demand along the chain. The restructuring will focus all of the company’s UK PVC production at its 280,000-m.t./year suspension PVC plant at Newton Aycliffe, enabling the permanent shutdown of its 115,000-m.t./year suspension PVC unit at Runcorn. Ineos also plans to reconfigure its 300,000-m.t./year VCM plant at Runcorn to produce ethylene...
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