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Ineos plans to set up 750,000 tonne propane dehydrogenation plant in Europe

It also plans to increase ethylene capacity of its cracker facilities in Scotland and Norway

BS B2B Bureau  |  London, UK 

Ineos has invested $2 bn to ship out ethane & LPG from US
Ineos has invested $2 bn to ship out
ethane & LPG from US

plans to construct a world-scale (propane dehydrogenation) unit in Europe which will produce 750,000 tonnes per annum of for units across the continent. A number of possible locations are currently being considered including a number of sites at Antwerp in Belgium.

also intends to increase the capacity of its cracker facilities at Grangemouth in Scotland and Rafnes in Norway to over 1 million tonnes each.

Gerd Franken, CEO Olefins & Polymers North, said, “These are exciting times for as we plan to further increase the capacity of our crackers in Europe and at the same time to build an entirely new plant. These expansions and new builds will increase our self-sufficiency in all key olefin products and give further support to our derivative businesses and polymer plants in Europe. All our assets will benefit from our capability to import competitive raw materials from the US and the rest of the world.”

currently produces nearly 4.5 million tonnes of and across Europe, but remains the largest buyer of and in the region.

In combination, these three major projects will significantly increase the quantities of and produced by in Europe, and will support the continued growth and future profitability of Ineos’ and derivative businesses.

Jim Ratcliffe added, “These projects represent the first substantial investments in the European industry for many years. It has only been made possible because of massive $2 billion investment in our Dragon Ships programme which allows us to import ethane and LPG from the US in huge quantities.”

First Published: Thu, June 15 2017. 16:48 IST
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Ineos plans to set up 750,000 tonne propane dehydrogenation plant in Europe

It also plans to increase ethylene capacity of its cracker facilities in Scotland and Norway

It also plans to increase ethylene capacity of its cracker facilities in Scotland and Norway
plans to construct a world-scale (propane dehydrogenation) unit in Europe which will produce 750,000 tonnes per annum of for units across the continent. A number of possible locations are currently being considered including a number of sites at Antwerp in Belgium.

also intends to increase the capacity of its cracker facilities at Grangemouth in Scotland and Rafnes in Norway to over 1 million tonnes each.

Gerd Franken, CEO Olefins & Polymers North, said, “These are exciting times for as we plan to further increase the capacity of our crackers in Europe and at the same time to build an entirely new plant. These expansions and new builds will increase our self-sufficiency in all key olefin products and give further support to our derivative businesses and polymer plants in Europe. All our assets will benefit from our capability to import competitive raw materials from the US and the rest of the world.”

currently produces nearly 4.5 million tonnes of and across Europe, but remains the largest buyer of and in the region.

In combination, these three major projects will significantly increase the quantities of and produced by in Europe, and will support the continued growth and future profitability of Ineos’ and derivative businesses.

Jim Ratcliffe added, “These projects represent the first substantial investments in the European industry for many years. It has only been made possible because of massive $2 billion investment in our Dragon Ships programme which allows us to import ethane and LPG from the US in huge quantities.”

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Business Standard
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Ineos plans to set up 750,000 tonne propane dehydrogenation plant in Europe

It also plans to increase ethylene capacity of its cracker facilities in Scotland and Norway

plans to construct a world-scale (propane dehydrogenation) unit in Europe which will produce 750,000 tonnes per annum of for units across the continent. A number of possible locations are currently being considered including a number of sites at Antwerp in Belgium.

also intends to increase the capacity of its cracker facilities at Grangemouth in Scotland and Rafnes in Norway to over 1 million tonnes each.

Gerd Franken, CEO Olefins & Polymers North, said, “These are exciting times for as we plan to further increase the capacity of our crackers in Europe and at the same time to build an entirely new plant. These expansions and new builds will increase our self-sufficiency in all key olefin products and give further support to our derivative businesses and polymer plants in Europe. All our assets will benefit from our capability to import competitive raw materials from the US and the rest of the world.”

currently produces nearly 4.5 million tonnes of and across Europe, but remains the largest buyer of and in the region.

In combination, these three major projects will significantly increase the quantities of and produced by in Europe, and will support the continued growth and future profitability of Ineos’ and derivative businesses.

Jim Ratcliffe added, “These projects represent the first substantial investments in the European industry for many years. It has only been made possible because of massive $2 billion investment in our Dragon Ships programme which allows us to import ethane and LPG from the US in huge quantities.”

image
Business Standard
177 22