Key highlights
- Chloromethane production at Tavaux is mothballed from September 1.
- Weak market demand and high energy costs prompted the decision.
- Production will be optimized at Rosignano, Italy, to support customers.
Facility Mothballed
Effective September 1, INEOS Inovyn has mothballed its chloromethane production facility in Tavaux, France. This decision is driven by weak market demand, high energy costs, and regulatory challenges.
Production Shift
To mitigate the impact on customers, INEOS Inovyn will optimize chloromethane production at its Rosignano site in Italy. This strategic move aims to balance operating rates with current market conditions.
Market Dynamics
Arnaud Valenduc, INEOS Inovyn’s Business Director, highlighted the difficult market dynamics and energy costs, noting that European gas prices are significantly higher than those in the US.
