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Multinational chemical group; closing European plants in 2026 citing structural energy cost disadvantage.
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#1118 May
Ran European plants at 62-68% utilisation against 80% profitability threshold
European Energy Markets: Chemicals 62-68% as the new running floor#215 Apr
Announced plant closures in 2026 due to sustained high gas cost
European Energy Markets: Cefic: 37Mt of EU chemical capacity gone#215 Apr