Lyondell to shutter TDI plant
Lyondell Chemical Co. (Houston/Texas, USA) is to "indefinitely suspend" production at its 130 kilotonnes/year toluene diisocyanates (TDI) plant in Lake Charles, Louisiana and is evaluating the future prospects of the facility. The company will, however, continue to supply TDI from a 125 kt/yr plant in Pont-de-Claix, France according to a company spokesman. The facility in eastern France is operated by Rhodia under an exclusive off-take agreement with Lyondell. “There are no current plans to suspend production at the Pont-de-Claix facility,” said the Lyondell spokesman. "The decision to suspend production at Lake Charles is due to poor financial results at the TDI business in North America," said Ed Dineen, the company's senior vice president, chemicals and polymers. “The TDI business in North America has not improved as we hoped it would with the economic recovery. 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," said Dineen. Lyondell acquired the Lakes Charles TDI plant as part of its 1998 acquisition of ARCO Chemical Co.