Lyondell to Suspend Production at Lake Charles TDI Plant
Lyondell Chemical Company announced that it will indefinitely suspend production at its 300-million-pound per year Lake Charles, Louisiana, toluene Diisocyanate (TDI) plant.
"The TDI business in North America has not improved as we hoped it would with the economic recovery. The decision to suspend production at this plant is based on poor financial results. Unfortunately, at this time, we do not believe these results will change in the near term, making it commercially impracticable for us to continue production of TDI at the Lake Charles plant," said Ed Dineen, senior vice president, Chemicals and Polymers. "We do not believe that the costs associated with suspension of production will be material in the near term. We are evaluating the long-term prospects of the facility."
Lyondell acquired the TDI plant as part of its 1998 acquisition of ARCO Chemical Company. ARCO Chemical had purchased the plant from Olin Corporation in December 1996.
Other news from the department manufacturing
These products might interest you
Spinsolve Benchtop NMR by Magritek
Spinsolve Benchtop NMR
Spinsolve is a revolutionary multinuclear NMR spectrometer that provides the best performance
Eclipse by Wyatt Technology
FFF-MALS system for separation and characterization of macromolecules and nanoparticles
The latest and most innovative FFF system designed for highest usability, robustness and data quality
HYPERION II by Bruker
FT-IR and IR laser imaging (QCL) microscope for research and development
Analyze macroscopic samples with microscopic resolution (5 µm) in seconds
