Huntsman Corp. announced that it has completed the strategic review of its European Maleic Anhydride business. As a result of this review, the company will close its maleic anhydride facility located in Moers, Germany. The closure of the operations at Moers is expected to be complete by the end of the current quarter. In 2024, […]
LyondellBasell (LYB) and Covestro have jointly decided to permanently close the propylene oxide/styrene monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands. The two companies report that the decision comes after careful consideration and is driven by the continued pressure on Maasvlakte’s profitability due to global overcapacities, a strong increase of imports […]
Specialty chemicals provider Evonik announced plans to close its fumed silica production facility in Waterford, New York, and the precipitated silica production in Havre de Grace, Maryland, as part of an ongoing strategic asset network optimization program to enhance efficiencies. The Waterford site will cease production in mid-2025. Havre de Grace will continue to operate […]
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