LyondellBasell Announces Plan to Consolidate Polypropylene Compounding and Business Locations in North America
PRNewswire
LANSING, Mich.

LANSING, Mich., June 5 /PRNewswire/ -- Following its February 2008 acquisition of Solvay Engineered Polymers, Inc., LyondellBasell has announced plans to consolidate its North American-based polypropylene (PP) compounding production, sales, marketing and technology activities.

The company will close its Sales & Application Development Center in Auburn Hills, Mich. The sales, marketing and technology activities currently conducted at the Auburn Hills site will be relocated to the company's expanded Advanced Polyolefins Business & Development Center in Lansing, Mich.

LyondellBasell will also close its PP compounding facility in Grand Prairie, Texas. Production will be moved to the company's nearby Mansfield, Texas plant, and to its new plant in Altamira, Mexico, scheduled to come on-stream this year.

Both sites are scheduled to close by the end of this year.

"Our goal is to provide the most effective service to customers and to utilize resources more efficiently by consolidating our polypropylene compounding assets and streamlining business operations," said Steve Dwyer, Divisional Vice President of LyondellBasell's Automotive Americas business.

LyondellBasell Industries is one of the world's largest polymers, petrochemicals and fuels companies. We are the global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide and derivatives; and a significant producer of fuels and refined products, including bio-fuels. Through research and development, LyondellBasell develops innovative materials and technologies that deliver exceptional customer value and products that improve quality of life for people around the world. Headquartered in The Netherlands, LyondellBasell (http://www.lyondellbasell.com/) is privately owned by Access Industries.

SOURCE: LyondellBasell Industries

CONTACT: Mark Mendelson of LyondellBasell Industries, +1-302-683-8141,
mark.mendelson@lyondellbasell.com

Web site: http://www.lyondellbasell.com/


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