INEOS plans to set up a new world scale 750,000 ton PDH plant as part of its massive expansion plans in Europe. A number of possible locations are currently being considered including a number of INEOS sites at Antwerp in Belgium.
INEOS is also planning to increase the capacity of its crackers at Grangemouth in Scotland and Rafnes in Norway to over 1 million tons each. With these cracker expansions, INEOS will have added up to 900,000 tons of ethylene to its overall production capacity
“These are three major new projects”, says Jim Ratcliffe, founder and chairman of INEOS. “Collectively, it’s the equivalent of building a new world scale cracker in Europe”. Gerd Franken, CEO INEOS Olefins & Polymers North says: “These are exciting times for INEOS as we plan to further increase the capacity of our crackers in Europe and at the same time to build an entirely new PDH 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.”
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