Ineos to close Barry PVC plant26 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."
More reports available on the product: