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The Thai chemical firm Indorama says it will close its ethylene oxide and derivatives facilities in Botany Bay, Australia, by the end of this month. Indorama says it is closing the facilities because Qenos Olefins, Australia's only supplier of ethylene—the key feedstock for the facility—has ceased production. Indorama purchased the plants in 2020 as part of a 2. 1 billion acquisition from Huntsman. The plants have an annual capacity to produce 40, 000 metric tons (t) of ethylene oxide, 35, 000 t of surfactants, 5, 000 t of glycol ethers, and 16, 000 t of glycols. Indorama's plant closures will reduce the company's presence in Australia to just an office and technical center in Melbourne. The company did not disclose the number of jobs that would be lost as a result of the closures. Meanwhile, the firm says it will continue to supply its customers in Australia and New Zealand with imports. Qenos had operated
Alex Scott (Mon,) studied this question.