LyondellBasell Postpones Restart of Berre, France Cracker until Next Year
HOUSTON and BERRE, France , Sept. 29, 2022 |PRNewswire| -- LyondellBasell (NYSE: LYB) today announced the ethylene cracker at its integrated olefins and polyolefins production site in Berre, France will not restart until early 2023. The chemical company''s French ethylene cracker was damaged by a fire on August 2 . While repairs should be completed by November, the combination of persistently high energy costs, compressing margins and falling demand for products in the region contributed to the decision to delay the restart. ABOUT LYONDELLBASELL As a leader in the global chemical industry, LyondellBasell strives every day to be the safest, best operated and most valued company in our industry. The company''s products, materials and technologies are advancing sustainable solutions for food safety, access to clean water, healthcare and fuel efficiency in more than 100 international markets. LyondellBasell places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce.
LyondellBasell Postpones Restart of Berre, France Cracker until Next Year
HOUSTON and BERRE, France , Sept. 29, 2022 |PRNewswire| -- LyondellBasell (NYSE: LYB) today announced the ethylene cracker at its integrated olefins and polyolefins production site in Berre, France will not restart until early 2023. The chemical company''s French ethylene cracker was damaged by a fire on August 2 . While repairs should be completed by November, the combination of persistently high energy costs, compressing margins and falling demand for products in the region contributed to the decision to delay the restart. ABOUT LYONDELLBASELL As a leader in the global chemical industry, LyondellBasell strives every day to be the safest, best operated and most valued company in our industry. The company''s products, materials and technologies are advancing sustainable solutions for food safety, access to clean water, healthcare and fuel efficiency in more than 100 international markets. LyondellBasell places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce.