Urethane Blog
POSM Unit in Europe Back Onstream
April 24, 2024
Europe styrene output to rise as force majeures lifting in H2 April
A force majeure was declared on polyolefins in March at LyondellBasell’s and Covestro’s jointly-owned propylene oxide styrene monomer (POSM) plant in Maasvlakte, the Netherlands. The POSM plant had been taken offline in mid-December as a preventative measure and came back online in second half February. A spokesperson for LyondellBasell confirmed OPIS Tuesday that the “unit at Maasvlakte is up and running.”
LyondellBasell’s site at Maasvlakte produces 680,000 metric tons/year of styrene, the largest styrene manufacturing unit in Europe, and 313,000 mt/year of propylene oxide, according to data from Chemical Market Analytics (CMA) by OPIS, a Dow Jones company. TotalEnergies produces 600,000 mt/year styrene at Gonfreville, the second largest European production site, CMA data showed.
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