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Total to close Carling cracker, convert site to polymer hub
6:19 AM MDT | September 6, 2013 | —Francinia Protti-Alvarez
Total says it will permanently close its 340,000-m.t./year ethylene plant at Carling, France. The Carling steam cracker is expected to shut down in the second half of 2015. The announcement confirms recent press reports that questioned the economic viability of the cracker. The Carling cracker is “acutely loss-making,” Total says. Total will, however, continue operating the site and is preparing a €160-million ($210.8 million) investment by 2016 to develop new activities at Carling and restore the site’s competitiveness. “The European...
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