LyondellBasell, Covestro to permanently close Netherlands unit
Published by Global Banking & Finance Review®
Posted on March 18, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 18, 2025
1 min readLast updated: January 24, 2026
LyondellBasell and Covestro will permanently close their Propylene Oxide Styrene Monomer production unit at the Maasvlakte site in the Netherlands.
(Reuters) - LyondellBasell said on Tuesday the chemical firm and Covestro have decided to permanently close the Propylene Oxide Styrene and Monomer production unit at the Maasvlakte site in the Netherlands.
(Reporting by Tanay Dhumal in Bengaluru; Editing by Krishna Chandra Eluri)
The main topic is the permanent closure of the Propylene Oxide Styrene Monomer production unit by LyondellBasell and Covestro in the Netherlands.
The closure is significant as it affects the chemical production capacity in Europe and involves major industry players.
The affected site is located at the Maasvlakte in the Netherlands.
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