Ineos to close Barry PVC plant
26 Feb 2010 • by Natalie Aster
Britain's only PVC producer Ineos ChlorVinyls is to close its plant at Barry in Wales. Supply will be covered by production at Runcorn and Newton Aycliffe in what the company describes as a consolidation move "to adjust PVC output in line with market demand, which has declined steadily over recent years."
Closure is scheduled for the end of the second quarter this year and staff are being offered employment at other Ineos sites. A period of consultation is starting with trades unions and employee representatives.
Geir Tuft, business manager, said of the closure: "The consolidation of our PVC operations will underpin security of supply to our UK customers whilst at the same time delivering an improved cost base. Streamlining our asset structure in the UK will allow us to concentrate on sites that will deliver long term growth and value to the business."
Source: britishplastics.co.uk
More reports available on the product:
Polyvinyl Chloride (PVC) Market Outlook 2010
Polyvinyl Chloride (PVC): 2010 World Market Outlook And Forecas
PVC (CAS 9002-86-2) Market Research Report 2010
The Future of PVC and PVC Compound in China
PVC (Resin and Plasticate) Market Research