INEOS Oligomers plans to invest US$4.5 million in its Whiting polybutene plant towards planned logistics modifications to improve its ability to meet customer demands. Construction and installation of the material handling system should be finished in Q2. The plant was formerly owned by BP and part of the spin off of the oil company's chemical division in 2005. The planned logistics modifications will enable the company to supplement on-site sources of raw material supply to further optimize utilization of existing productions assets.
INEOS has 68 manufacturing facilities across 17 countries and is a rapidly growing manufacturer of petrochemicals, specialty and intermediate chemicals and polymers. The company has grown through a series of successful acquisitions and continues to build on businesses that have strong market positions and a potential for further development.
15-Jan-07 
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