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Rotterdam, Netherlands, 11 Feb 2025 - Chemical manufacturing giant LyondellBasell has announced plans to shut down its propylene oxide (PO) and styrene monomer (SM) production facility at Maasvlakte in the Rotterdam port area. The closure marks a significant shift in the company's European operations and will impact the regional petrochemical landscape.

According to company officials, the decision comes after a comprehensive strategic review of LyondellBasell's global asset portfolio, with the Maasvlakte plant deemed no longer economically viable in the current market environment. The facility, which has been operational since the early 2000s, has faced increasing pressure from newer, more efficient production sites in Asia and the Middle East.

Industry analysts point to several factors contributing to the closure, including high European energy costs, increasing global competition, and shifting market demands. The company will reportedly maintain its other Dutch operations, including facilities in Rotterdam's Botlek area.

Propylene oxide and styrene monomer are key ingredients used in the production of polyurethanes, plastics, and synthetic rubbers found in numerous consumer and industrial products. Market observers suggest that LyondellBasell will likely meet European demand for these products through its remaining facilities and strategic supply agreements.

The plant is expected to complete a phased shutdown by the end of the year, following appropriate decommissioning procedures and environmental protocols.

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