Recent plant closures in the global chemicals industry
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Insight of the month
“What have been recent plant closures in the global chemicals industry?”
- Ineos Styrolution’s styrene monomer plant in Sarnia, Canada, has been closed since April 2024 and will not reopen, with decommissioning and closure scheduled for completion by Q4 2025.
- Ineos’ plant for the production of purified terephthalic acid (TFA) in Belgium may close due to “unattainable environmental targets” set by the regulator.
- Petroquimica Rio Tercero’s toluene diisocyanate (TDI) plant in Cordoba, Argentina, closed due to poor economics and global oversupply.
- German chemical company Rohm plans to close its methyl methacrylate (MMA) plant in Westwego, Louisiana, in 2025, following the completion of its new MMA plant in Bay City, Texas.
- The Vencorex chemical plant near Grenoble, France, is threatened with closure as its shareholder has requested judicial reorganization.
- Dow has stopped producing polyether polyols at its site in San Lorenzo, Argentina, and will also close its propylene oxide unit in Freeport, Texas, in 2025.
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