LYONDELLBASELL
US group opens distribution hub in Hungary
By Plasteurope.com correspondent
Plastics producer LyondellBasell (LYB, Houston, Texas, USA; www.lyondellbasell.com) said it has established a new distribution hub in Budapest, Hungary, for its polyolefin grades. The move is part of the company’s commitment to enhancing customer experience by placing inventories closer to customer facilities to reduce lead times on orders.
Plastics producer LyondellBasell (LYB, Houston, Texas, USA; www.lyondellbasell.com) said it has established a new distribution hub in Budapest, Hungary, for its polyolefin grades. The move is part of the company’s commitment to enhancing customer experience by placing inventories closer to customer facilities to reduce lead times on orders.
 Southern Europe is the target market for the group’s new distribution hub in Budapest (Photo: PantherMedia/Ufalab) |
LyondellBasell collaborated on the distribution hub with Danish logistics services giant A.P Moller-Maersk, which created a tailor-made warehousing solution that significantly reduces the lead time for deliveries, Maersk said.
The group said its new hub in Hungary ensures optimised distribution and swift delivery, with Maersk able to offer more reliable and resilient cargo flows through its control of logistics assets, including vessels, terminals, aircraft, and truck fleets.
Related: LyondellBasell puts its European business to the test
LyondellBasell late last year set up a distribution centre for polyolefins in Middlesbrough, UK, partly to market its Circulen grades.
29.05.2024 Plasteurope.com [255414-0]
Published on 29.05.2024
German version of this article...