ExxonMobil to downsize Belgium LDPE plant
by ChemOrbis Editorial Team - content@chemorbis.com
According to sources close to the company, ExxonMobil will lay off up to 50 out of 160 workers at its LDPE plant in Meerhout, Belgium by early 2025 as part of a broader restructuring plan to maintain competitiveness in Europe. The company could not be reached for confirmation at the time of writing.
Sources are not sure if this downsizing will have an impact on the output. The company owns two LDPE plants each with 250,000 tons/year capacity at Meerhout, Belgium. The producer also owns two more LDPE lines in Antwerp.
Downsizing is considered as a part of ExxonMobil’s restructuring plan in Europe. By early Q2, the company had announced its plans for the permanent shutdown of its chemical units at Gravenchon in Normandy, France within 2024. The closure will affect the steam cracker and its downstream units, including PE and PP, and adhesives facilities at the same site.
Sources are not sure if this downsizing will have an impact on the output. The company owns two LDPE plants each with 250,000 tons/year capacity at Meerhout, Belgium. The producer also owns two more LDPE lines in Antwerp.
Downsizing is considered as a part of ExxonMobil’s restructuring plan in Europe. By early Q2, the company had announced its plans for the permanent shutdown of its chemical units at Gravenchon in Normandy, France within 2024. The closure will affect the steam cracker and its downstream units, including PE and PP, and adhesives facilities at the same site.
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