Indorama to shut PET plant permanently in UK
by ChemOrbis Editorial Team - content@chemorbis.com
According to local media sources in Italy, Indorama has announced that the production at its Workington unit in the UK will not be restarted and the plant will be shut permanently given the prevailing market conditions. The chemical group had suspended production at its PET plant in Workington, the UK in November 2013 due to poor margins. Customers will continue to source resin from other European plants, as sources reported.
Acquired in 2008 from Eastman Chemical, the Workington plant has a production capacity of 168,000 tons/year of PET.
In September 2017, the company dismissed 58 workers from the 160,000 tons/year integrated PTA/PET plant in Ottana, Sardegna, which is a joint-venture between Indorama Ventures and the group Clivati.
At the end of last year, Indorama suspended PET production at its 130,000 tons/year Turkish plant in Adana, managed by the subsidiary Indorama Ventures Adana PET Sanayi Anonim Sirketi, in the frame of a restructuring plan for its European production activities.
Acquired in 2008 from Eastman Chemical, the Workington plant has a production capacity of 168,000 tons/year of PET.
In September 2017, the company dismissed 58 workers from the 160,000 tons/year integrated PTA/PET plant in Ottana, Sardegna, which is a joint-venture between Indorama Ventures and the group Clivati.
At the end of last year, Indorama suspended PET production at its 130,000 tons/year Turkish plant in Adana, managed by the subsidiary Indorama Ventures Adana PET Sanayi Anonim Sirketi, in the frame of a restructuring plan for its European production activities.
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