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LyondellBasell/Bayer cut rates at Maasvlakte POSM unit on poor demand

Increase font size  Decrease font size Date:2011-09-05   Views:728
Operating rates at the 640,000 mt/year propylene oxide styrene monomer LyondellBasell/Bayer JV unit in Maasvlakte, the Netherlands, have been cut due to poor downstream demand, a Bayer source said Thursday.

The source could not confirm at what production level the unit was now running.

"[Production rates were turned down] just a little -- downstream markets are a bit slow," a Bayer source said.

This production cut follows news that Styrolution partially shut down its 500,000 mt/year ethyl-benzene styrene monomer Antwerp plant. Production issues in August at the Styrolution unit have forced them to cut rates to around 50%, a company source said Tuesday.

 
 
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