LyondellBasell (NYSE:LYB) and Covestro (OTCPK:CVVTF) (OTCPK:COVTY) said Tuesday they will permanently close the propylene ...

LyondellBasell and Covestro have jointly decided to permanently close the propylene oxide styrene and monomer (POSM) production unit PO11 at the Maasvlakte site in the Netherlands, according to a ...

The decision to close the POSM production unit allows LyondellBasell to prioritize core assets, potentially enhancing long-term profitability and strategic alignment in a challenging market ...