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news.Ineos ChlorVinyls is planning to consolidate its UK PVC production, with the aim to adjust PVC output in line with market demand.
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Ineos ChlorVinyls intends to cease production at its PVC plant at Barry (Wales) and continue to supply customers from its other PVC plants at Runcorn (Cheshire) and Newton Aycliffe (County Durham).
The company said that it aims to deliver the plant closure with minimum loss of any permanent employees by offering staff alternative employment at other Ineos sites. A period of consultation is expected to commence with Trades Unions and employee representatives.
Ineos ChlorVinyls is also expecting to work closely with customers to ensure a smooth transition to alternative supplies. Completion of the consolidation is expected to take place by the end of Q2 2010 latest.
Geir Tuft, business manager at Ineos ChlorVinyls, said: “The consolidation of our PVC operations will underpin security of supply to our UK customers whilst at the same time delivering an improved cost base. Streamlining our asset structure in the UK will allow us to concentrate on sites that will deliver long term growth and value to the business.”